Matlock Company Reported Total Sales Revenue of $55,000 and Total

Multiple Choice

Matlock Company reported total sales revenue of $55,000 and total expenses amounting to $45,000 on its income statement for the year ended December 31, 20X2. During 20X2, trade receivables decreased by $4,000, merchandise inventory decreased by $6,000, trade payables increased by $2,000 and depreciation of $8,000 was recorded. Therefore, based only on this information, the net cash flow from operating activities for 20X2 would be which of the following?

A) $10,000.
B) $18,000.
C) $19,000.
D) $30,000.