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ARI IncBegan 2013 with the Following: During 2013 the Following

question 1

Multiple Choice

ARI Inc.began 2013 with the following: $ARI Inc.began 2013 with the following: During 2013 the following events occurred: \begin{array}{|l|r|} \hline \text { Accounts written off } & \$ 1,200 \\ \hline \text { Sales on account } & 30,000 \\ \hline \text { Bad debt expense recognized } & 2,000\\\hline \end{array} At the end of 2013,ARI showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.In the direct method Statement of Cash Flows,what amount would be shown as an operating cash inflow? A) $21,000 B) $22,000 C) $30,000 D) $28,200$ During 2013 the following events occurred: $\begin{array}{|l|r|}\hline \text { Accounts written off } & \$ 1,200 \\\hline \text { Sales on account } & 30,000 \\\hline \text { Bad debt expense recognized } & 2,000\\\hline \end{array}$ At the end of 2013,ARI showed a balance in gross accounts receivable (before the allowance for doubtful accounts) of $16,800.In the direct method Statement of Cash Flows,what amount would be shown as an operating cash inflow?

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