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Nelson Company experienced the following transactions during year 1, its first year in operation.
1. Issued $12,000 of common stock to stockholders.
2. Provided $4,600 of services on account.
3. Paid $3,200 cash for operating expenses.
4. Collected $3,800 of cash from accounts receivable.
5. Paid a $200 cash dividend to stockholders.
The amount of net cash flow from operating activities shown on Nelson Company's Year 1 statement of cash flows is:
A. $400
B $600
C $1,4000
D $1,200
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