Question: SHOW ALL WORK. If correct, I will give thumbs up! 2. On January 1, Year 2, Grande Company had a $72,400 balance in the Accounts

SHOW ALL WORK. If correct, I will give thumbs up!

2. On January 1, Year 2, Grande Company had a $72,400 balance in the Accounts Receivable account and a $3,200 balance in the Allowance for Doubtful Accounts account. During Year 2, Grande recognized $197,000 of service revenue earned on account. The company collected $239,900 cash from accounts receivable. Uncollectible accounts are estimated to be 1% of sales on account. What is the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows? What is the amount of uncollectible accounts expense recognized on the Year 2 income statement

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