WXY reported sales revenue of $40,000, and expenses of $35,000 during the period ended December 31, 2011. During the year, accounts receivable increased by $1,500; merchandise inventory increased by $1,000; accounts payable increased by $500; dividends payable decreased by $700; and depreciation expense of $2,500 was recorded.
Calculate the amount of net cash flow from operating activities.

Question

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The Answer of WXY reported sales revenue of $40,000, and expenses of $35,000 during the period ended December 31, 2011. During the year, accounts receivable increased by $1,500; merchandise inventory increased by $1,000; accounts payable increased by $500; dividends payable decreased by $700; and depreciation expense of $2,500 was recorded.
Calculate the amount of net cash flow from operating activities.

WXY Reported Sales Revenue of $40,000, and Expenses of $35,000