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The records of WXY provided the following information for the year ended December 31, 2011:
(1) Purchased a warehouse and paid for it by issuing 1,000 common shares; market value was $35 per share.
(2) Inventory increased by $4,000.
(3) Accounts payable decreased by $6,000.
(4) Declared a cash dividend, $5,000.
(5) Depreciation expense, $2,000.
(6) Net income, $19,000.
(7) Loss on sale of machine, $3,000.
(8) On December 31, 2001, paid insurance premium on all assets, for 2002 and 2003, $800. There was no prepaid insurance on January 1, 2011.
Calculate the net cash inflow from operating activities for 2011.
Plate Boundaries
The edges where two or more of Earth's tectonic plates meet, often resulting in geological activity such as earthquakes and volcanism.
Divergent Boundary
A tectonic plate boundary where two plates are moving away from each other, often resulting in the creation of new oceanic crust.
Subduction Zone
A region where one tectonic plate moves under another, often causing earthquakes and volcanic activity.
Convergent Boundary
A convergent boundary is a type of tectonic plate boundary where two plates move toward each other, often resulting in mountain building, earthquakes, and volcanic activity.
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