The Following Account Balances Are for Curran Company Additional Data for 2014Year 2: (1)Sales on Account for the \text
The following account balances are for Curran Company: 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.
Correct Answer:
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