On January 1, Year 2, Grande Company had a $75,200 balance in the Accounts Receivable account and a $3800 balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $211,000 of service on account. The company collected $264,300 cash from accounts receivable. Uncollectible accounts are estimated to be 1% of sales on account.Based on this information, the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows is: 

A. $2110.
B. $19,850.
C. $264,300.
D. $3860.


Answer: C

Business

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