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How would these items be classified in a cash flow statement prepared for a wholesale business:
i) Payment of wages of $1,000.
ii) Receipts of $25,000 from Accounts Receivable.
iii) $20,000 paid into the business by the owner as capital. Select one:
a. i. Investing outflow ii. Operating inflow iii. Financing inflow
b. i. Operating outflow ii. Operating inflow iii. Investing inflow
c. i. Operating outflow ii. Operating inflow iii. Financing inflow
d. i. operating outflow ii. Operating inflow iii. Does not appear in the cash flow statement
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