Jodi Lein, small business consultant, is currently working with RJ Landscaping, a sole proprietorship. She is trying to educate the owner on the importance of monitoring cash flows. Operating information as of the end of the most recent month appears below:
- Cash from sale of truck of $7,000.
- Cash salaries paid of $17,000.
- Cash from customers of $45,000.
- Depreciation expense of $5,500.
- Interest on bank line of credit of $1,000.
- Cash paid to suppliers of $22,000.
- Other cash expenses, including rent, of $6,300.
- No taxes due.
Using this information, what is the cash flow from operations for the month? A. $11,200. B. -$300. C. -$1,300.
|