The 20B Income Statement of Dunn Company Reported Total Sales

Multiple Choice

The 20B income statement of Dunn Company reported total sales revenue of $106,000 and total expenses of $108,000 . 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 20B (parentheses indicate outflow) ?

A) ($3,000) .
B) $12,000.
C) $7,000.
D) $14,000.