Executive Inc. had the following operating balances for 2011:

All purchases of inventory were on account.
Executive provides the following income statement information for 2011:
Revenues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 740,000
Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . (360,000)
Other expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . (104,000)
Depreciation expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . (87,000)
Loss on sale of equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . (9,000)
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . $ 180,000
Compute cash fromoperations.

December 31, 2011 January 1, 2011 Accounts Payable Inventory Accounts Receivable $54,400 25,300 73,600 $62,800 29.900 77.200