Accounts receivable arising from sales to customers amounted to $94000 and $83000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $297000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

Frost corporation incurred the following transactions during its first year of operations. (assume all transactions involve cash.) 1) acquired $1,900 of capital from the owners. 2) purchased $435 of direct raw materials. 3) used $290 of these direct raw materials in the production process. 4) paid production workers $490 cash. 5) paid $290 for manufacturing overhead (applied and actual overhead are the same). 6) started and completed 250 units of inventory. 7) sold 140 units at a price of $6 each. 8) paid $130 for selling and administrative expenses. the amount of raw material inventory on the balance sheet at the end of the accounting period would be: