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The Miller Company earned $107,000 of revenue on account during Year 2. There was no beginning balance in the accounts receivable and allowance accounts. During Year 2, Miller collected $74,000 of cash from its receivables accounts. The company estimates that it will be unable to collect 3% of its sales on account. The net realizable value of Miller's receivables at the end of Year 2 was: Multiple Choice $33,000. $36,210. $30,780. $29,790 Rosewood Company made a loan of $9,200 to one of the company's employees on April 1, Year 1. The one-year note carried a 6% rate of interest. The amount of interest revenue that Rosewood would report during the years ending December 31, Year 1 and Year 2, respectively, would be: Multiple Choice $0 and $552 o $552 and so $552 and $0 $138 and $414 $414 and $138 On January 1, Year 2, Grande Company had a $66,800 balance in the Accounts Receivable account and a $2,000 balance in the Allowance for Doubtful Accounts account. During Year 2, Grande provided $169,000 of service on account. The company collected $191,100 cash from accounts receivable. Uncollectible accounts are estimated to be 1% of sales on account. Based on this information, the amount of cash flow from operating activities that would appear on the Year 2 statement of cash flows is: Multiple Choice $191,100. $1,690. oooo $43,250. $2,240

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