Below is the Income Statement for Apple Stores for the year-ending December 31, 2023:

Sales (net)	$600,000
Cost of Goods Sold	(372,000)
Gross Profit	228,000
Wage Expense	(42,000)
Depreciation Expense	(36,000)
Advertising Expense	(18,000)
Administrative Expense	(6,000)
Income from Operations	126,000
Gain on Sale of Equipment	60,000
Net Income	$186,000

The following balances were derived from the Balance Sheet:

	December 31, 2023	December 31, 2022
Accounts Receivable	$120,000	$108,000
Prepaid Advertising Expense	6,000	3,600
Inventory	48,000	60,000
Accounts Payable	36,000	60,000
Wages Payable	6,000	4,800

Calculate Total Cash Flow from Operations at December 31, 2023:

Select one:

a. $187,200

b. $184,800

c. $160,800

d. $136,800

e. $124,800