The 20X2 income statement of Dunn Company reported total sales revenue of $106,000 and total...
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The 20X2 income statement of Dunn Company reported total sales revenue of $106,000 and total expenses of $108,000 (i.e., net loss, $2,000). Expenses were: building depreciation, $10,000 and patent amortization, $5,000. There was an increase in inventory of $1,000. What was cash flow from operating activities during 20X2 (parentheses indicate outflow)?
A - $7,000.
B - $12,000.
C - $14,000.
D - ($3,000).
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