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Assume the perpetual inventory system is used. 1) Green Company purchased merchandise inventory that cost $65,300 under terms of 2/10, n/30 and FOB shipping point. 2) Green Company paid freight cost of $2,530 to have the merchandise delivered. 3) Payment was made to the supplier on the inventory within 10 days. 4) All of the merchandise was sold to customers for $96,600 cash and delivered under terms FOB destination with freight cost amounting to $1,730. What is the net cash flow from operating activities that results from these transactions? show your detail calculation: Cash inflow and cash outflow
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