Assuming net income for the year is $250,000 and consider the following information, what is the...

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Assuming net income for the year is $250,000 and consider the following information, what is the net cash flows from operating activities? Increase in salaries payable $18,500 Depreciation expense 6,000 Increase in prepaid rent 29,000 Loss on sale of asset 1,500 Increase in accounts payable 34,000 Increase in inventory 98,000 Multiple Choice $375,500 $183,000 $212,000 $218,000 Assuming net income for the year is $250,000 and consider the following information, what is the net cash flows from operating activities? Increase in salaries payable $18,500 Depreciation expense 6,000 Increase in prepaid rent 29,000 Loss on sale of asset 1,500 Increase in accounts payable 34,000 Increase in inventory 98,000 Multiple Choice $375,500 $183,000 $212,000 $218,000