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Winn Company's 20B Income Statement Reported Total Revenues,$110,000,and Total Expenses

Question 60

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Winn Company's 20B income statement reported total revenues,$110,000,and total expenses (including $10,000 depreciation) ,$70,000 .The 20B balance sheet reported the following: trade receivables--beginning balance,$16,000 and ending balance,$14,000; wages payable--beginning balance,$2,000 and ending balance,$1,500.Therefore,based only on this information,the 20B net cash inflow from operating activities was which of the following?


A) $48,500.
B) $50,000.
C) $51,500.
D) $59,500.

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