Question: Based on the information below, determine the Cash flows from Operating Activities for the fiscal year ended 12/31/21 for the Snapchat Inn. What is your

 Based on the information below, determine the Cash flows from Operating

Based on the information below, determine the Cash flows from Operating Activities for the fiscal year ended 12/31/21 for the Snapchat Inn. What is your answer? The list of net changes in comparison to 2020 is shown below: Accounts Receivable increased by $25,000 Inventory decreased by $10,000 Prepaid expenses increased by $2,000 Accounts Payable increased by $10,000 Accrued Payroll decreased by $2,000 Income Taxes Payable decreased by $4,000 Dividends Payable decreased by $10,000 Net Income was $110,000 Depreciation was $85,000 Amortization expense was $55,000 There was a $10,000 gain on the sale of Longterm Marketable Securities There was a $5,000 loss on the the sale of Long- Term investments There was a $25,000 gain on the sale of Equipment $97,000. $207,000. $227,000. $250,000. $460,000

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