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1112.Lense Laboratories' net income was $320,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories? Increase in

1112.Lense Laboratories' net income was $320,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories?

Increase in Accounts Receivable $ 64,000
Increase in Salaries Payable $ 54,500
Decrease in Inventory $ 35,500
Depreciation Expense $ 48,500
Increase in Prepaid Insurance $ 3,900

Multiple Choice

  • A.$327,400

  • B.$409,600

  • C.$390,600

  • D.$526,400

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