11 The following information relates to the Ridge Company: Net Income $365,000 Beginning Accounts Payable Depreciation Expense 96,000 Ending Accounts Payable Amortization of Intangible Assets 11,000 Purchase of Long-Term Assets with Cash Beginning Accounts Receivable 420,000 Cash from Issuance of Long-Term Debt Ending Accounts Receivable 439,000 Issuance of Stock for Cash Beginning Inventory 516,000 Issuance of Stock for Long-Term Assets Ending Inventory 560,000 Purchase of Treasury Stock Beginning Prepaid Expenses 48,000 Ending Prepaid Expenses 42,000 $119,000 146,000 616,000 200,000 160,000 110,000 64,000 Assume that the indirect method is used. Net Cash Flows from Operating Activities section will include a line itert for a $44,000 b. $64,000 C$160,000 d. $(110,000) $6,000