Determining Net Income from Net Cash Flow from Operating Activities Shinlund, Inc., reported a net cash flow from operating activities of $243,750 on its statement of cash flows for the year ended December 31, 2012. The following information was reported in the Cash Flows from Operating Activities section of the statement of cash flows, using the indirect method: Decrease in Income taxes payable $5,250 Decrease in inventories 13,050 Depreciation 20,100 Gain on sale of investments 9,000 Increase in accounts payable 3,600 Increase in prepaid expenses 2,025 Increase in accounts receivable 9,750 a. Determine the net income reported by Shinlund, Inc., for the year ended December 31, 2012. $_____?________