Use the financial statements (first tab) and other information (second tab) for Nutsy Inc. (Links to an external site.) to answer the following questions regarding the 2020 Statement of Cash Flows.

What is the first number you would write to start your Statement of Cash Flows?

Nutsy Inc.
Statement of Net Income	2020	2019	2018
Revenue	4,500,000	4,000,000	3,000,000
Cost of Good Sold	2,800,000	2,200,000	1,500,000
Gross Profit	1,700,000	1,800,000	1,500,000
Operating Expenses
Salaries	720,000	650,000	600,000
Rent	100,000	100,000	100,000
Interest Expense	36,000	36,000	60,000
Depreciation	55,000	50,000	40,000
Amortization	10,000	10,000	10,000
Loss/ (gain) on sale of equipment	(8,000)	5,000	-
Total Operating Expenses	913,000	851,000	810,000
Net Income	787,000	949,000	690,000
Nutsy Inc.
Balance Sheet	2020	2019	2018
Cash	3,103,400	2,193,800	2,300,000
Accounts Receivable, net of bad debt allowance	850,000	910,000	800,000
Inventory	570,000	550,000	500,000
Pre-paid expenses	75,000	100,000	120,000
Total Current Assets	4,598,400	3,753,800	3,720,000
Property, Plant and Equipment, net of depreciation	2,610,000	2,620,000	2,380,000
Intangible assets, net of amortization	100,000	110,000	120,000
Total Non-current assets	2,710,000	2,730,000	2,500,000
TOTAL ASSETS	7,308,400	6,483,800	6,220,000
Current Liabilities
Accounts Payable	440,000	400,000	300,000
Wages Payable	30,000	50,000	25,000
Income Taxes Payable	157,400	189,800	100,000
Total Current Liabilities	627,400	639,800	425,000
Non Current Liabilites
Bonds Payable	1,200,000	1,200,000	2,000,000
Total Non Current Liabilities	1,200,000	1,200,000	2,000,000
Total Liabilities	1,827,400	1,839,800	2,425,000
Shareholder's Equity
Common Stock, $10 par value	450,000	400,000	400,000
Additional Paid In Capital	1,400,000	1,300,000	1,300,000
Retained Earnings	3,631,000	2,944,000	2,095,000
Total Shareholders Equity	5,481,000	4,644,000	3,795,000
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY	7,308,400	6,483,800	6,220,000

Group of answer choices

2,193,800

787,000

57,000

896,600