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The Following Account Balances Are for Curran Company Additional Data for 2014Year 2: (1)Sales on Account for the \text

Question 40

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The following account balances are for Curran Company:  Accounts receivable Prepaid rentLong-term marketable securitiesDividends payableSalaries payableNotes payable12/31/2013$84,0008,00080,0006,0008,00044,00012/31/201460,0004,00070,0002,0002,00034,000\begin{array}{l}\begin{array}{|l}\hline\\ \hline \text { Accounts receivable }\\ \hline \text {Prepaid rent}\\ \hline \text {Long-term marketable securities}\\ \hline \text {Dividends payable}\\ \hline \text {Salaries payable}\\ \hline \text {Notes payable}\\\hline \end{array}\begin{array}{|c|}\hline 12 / 31 / 2013 \\\hline \$ \quad 84,000 \\\hline 8,000 \\\hline 80,000 \\\hline 6,000 \\\hline 8,000 \\\hline 44,000 \\\hline\end{array}\begin{array}{c|}\hline 12 / 31 / 2014 \\\hline 60,000 \\\hline 4,000 \\\hline 70,000 \\\hline 2,000 \\\hline 2,000 \\\hline 34,000 \\\hline\end{array}\end{array} Additional data for 2014Year 2: (1) Sales on account for the period were totaled $100,000.
(2) Salary expense was $14,000.
(3) Rent expense was $12,000.
Based on this information,what was the net cash inflow from operating activities for Year 22014?


A) $88,000.
B) $84,000.
C) $928,000.
D) $74,000.

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