Allen Company's income statement reported total revenues, $850,000 and total expenses (including $40,000 depreciation) of $720,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $50,000 and ending balance, $60,000; Accounts Payable-beginning balance, $22,000 and ending balance, $28,000. Therefore, based only on this information, the net cash inflows from operating activities were:

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The Answer of Allen Company's income statement reported total revenues, $850,000 and total expenses (including $40,000 depreciation) of $720,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $50,000 and ending balance, $60,000; Accounts Payable-beginning balance, $22,000 and ending balance, $28,000. Therefore, based only on this information, the net cash inflows from operating activities were:

Allen Company's Income Statement Reported Total Revenues, $850,000 and Total