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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
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A.$327,400
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B.$409,600
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C.$390,600
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D.$526,400
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