Use the Following to Answer Questions

Multiple Choice

Use the following to answer questions
On January 1,2016 Grande Company had a $16,000 balance in the Accounts Receivable account and a zero balance in the Allowance for Doubtful Accounts account.During 2016,Grande provided $104,000 of service on account.The company collected $97,000 cash from accounts receivable.Uncollectible accounts are estimated to be 2% of sales on account.
-Based on this information,the amount of cash flow from operating activities that would appear on the 2016 statement of cash flows is:

A) $97,000.
B) $104,000.
C) $89,520.
D) $95,060.