Question: The following information is available for Felix Company: Decrease in plant and equip. Net income $300 $40 Depreciation expense $20 Increase in deferred tax

The following information is available for Felix Company: Decrease in plant and

The following information is available for Felix Company: Decrease in plant and equip. Net income $300 $40 Depreciation expense $20 Increase in deferred tax asset Gain on sale of assets $35 Decrease in long-term debt Increase in inventories $25 $5 $50 Decrease in accounts payable $15 What is cash flow from operating activities for Felix Company?

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