Nelson Company Experienced the Following Transactions During Year 1, Its

Multiple Choice

Nelson Company experienced the following transactions during Year 1, its first year in operation.Issued $8,000 of common stock to stockholdersProvided $4,300 of services on accountPaid $2,100 cash for operating expensesCollected $2,900 of cash from accounts receivablePaid a $200 cash dividend to stockholdersWhat is the of net cash flow from operating activities shown on the Year 1 statement of cash flows?

A) $600
B) $800
C) $2,000
D) $2,200