Nelson Company experienced the following transactions during Year 1, its first year in operation. 1....
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Nelson Company experienced the following transactions during Year 1, its first year in operation. 1. Issued $9,800 of common stock to stockholders. 2 Provided $6,100 of services on account. 3. Paid $2,550 cash for operating expenses. 4. Collected $3,800 of cash from accounts receivable. 5. Paid a $290 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
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