133. Gerrity, Inc. uses the perpetual inventory method. During the year, Gerrity purchased $34,500 of inventory on account under the terms 2/10, net 30. After receipt of the merchandise, Gerrity...

133. Gerrity, Inc. uses the perpetual inventory method. During the year, Gerrity purchased $34,500 of inventory on account under the terms 2/10, net 30. After receipt of the merchandise, Gerrity discovered some of the merchandise was defective and returned $6,000 of merchandise. Gerrity River paid the total liability for the merchandise within the discount period. All merchandise was finally sold for $39,000 cash.

What would be the net cash flow from operating activities resulting from the above transactions?

134. The Manhattan Corporation provided the following partial list of accounts, balances and activities for 2016: