$10.$

Use the information below to determine cash flow from operations for $2022.$

Summary Balance Sheet Information $20222021$

Cash $$900$ $$720$

Accounts receivable $600540$

Inventory $360720$

Prepaid insurance $270360$

Plant and equipment $1,8001,530$

Accumulated depreciation $(720)(540)$

Accounts payable $1,140900$

Bonds payable $450360$

Common stock $1,2601,260$

Retained earnings $360810$

Summary Income Statement Information

Revenue $$9,900$

COGS $(3,000)$

Gross Profit $6,900$

Depreciation Expense $(360)$

Rent Expense $(2,400)$

Salary Expense $(2,610)$

Income from Operations $1,530$

Gain on Sale $90$

Net Income $$1,620$

Cash Flow from Operations for $2022$ is:

Select one:

a$.$ $$1,620$

b$.$ $$2,430$

c$.$ None of these are correct.

d$.$ $$2,520$

e$.$ $$1,980$