1138.Rachel's Recordings reported net income of $290,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $21,000 respectively. Ending balances in these accounts were $12,500 and $30,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be:

Multiple Choice

• A)$290,000.

• B)$305,500.

• C)$274,500.

• D)$296,500.