The following account balances are for Curran Company: 12/31/Year 1 12/31/Year 2 Accounts receivable $84,000 $60,000 Prepaid rent 8,000 4,000 Long-term marketable securities 80,000 70,000 Dividends payable 6,000 2,000 Salaries payable 8,000 $2,000 Notes payable 44,000 34,000 Additional data for Year 2:(1) Sales on account for the period totaled $100,000.(2) Salary expense was $14,000.(3) Rent expense was $12,000. Based on this information, what was the net cash inflow from operating activities for Year 2?
A. $74,000.
B. $88,000.
C. $84,000.
D. $92,000.
Answer: D
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