Allen Company Reported Total Sales Revenue of $150,000 and Total

Multiple Choice

Allen Company reported total sales revenue of $150,000 and total expenses of $152,000 for the year ended December 31,20D.During 20D,trade receivables decreased by $1,000,trade payables increased by $5,000,wages payable increased by $3,000,and $18,000 in depreciation expense was recorded.Assuming no other adjustments are needed,what was the "net cash flow from operating activities" for 20D (parentheses indicate net cash outflow) ?

A) ($1,000) .
B) $23,000.
C) $25,000.
D) $29,000.