ARI Inc.began 2013 with the following: During 2013 the following events occurred: $\begin{array}{|l|r|}
\hline \text { Accounts written off } & \$ 1,200 \
\hline \text { Sales on account } & 30,000 \
\hline \text { Bad debt expense recognized } & 2,000\\hline
\end{array}$ At the end of 2013,ARI showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.In the direct method Statement of Cash Flows,what amount would be shown as an operating cash inflow?
A)$21,000
B)$22,000
C)$30,000
D)$28,200

Question

ARI Inc.began 2013 with the following:  During 2013 the following events occurred: $\begin{array}{|l|r|}
\hline \text { Accounts written off } & \$ 1,200 \
\hline \text { Sales on account } & 30,000 \
\hline \text { Bad debt expense recognized } & 2,000\\hline 
\end{array}$ At the end of 2013,ARI showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.In the direct method Statement of Cash Flows,what amount would be shown as an operating cash inflow?
A)$21,000 
B)$22,000 
C)$30,000 
D)$28,200

Quizplus · Accepted Answer

The Answer of ARI Inc.began 2013 with the following:  During 2013 the following events occurred: $\begin{array}{|l|r|}
\hline \text { Accounts written off } & \$ 1,200 \
\hline \text { Sales on account } & 30,000 \
\hline \text { Bad debt expense recognized } & 2,000\\hline 
\end{array}$ At the end of 2013,ARI showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.In the direct method Statement of Cash Flows,what amount would be shown as an operating cash inflow?
A)$21,000 
B)$22,000 
C)$30,000 
D)$28,200

ARI IncBegan 2013 with the Following: During 2013 the Following