Question: Stels 12 & 13 1 Savod Help Save & Exit Su A company had net income of $230,000. Depreciation expense is $26,000. During the year,

 Stels 12 & 13 1 Savod Help Save & Exit Su

Stels 12 & 13 1 Savod Help Save & Exit Su A company had net income of $230,000. Depreciation expense is $26,000. During the year, Accounts Receivable and Inventory increased $15,000 and $40,000, respectively. Prepaid Expenses and Accounts Payable decreased $2,000 and $4,000, respectively. There was a loss on the sale of equipment of $3,000. How much is net cash flows from operating activities? Multiple Choice $276,000 $288.000 $202.000 $195.000 e O ID BE

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