1154. Assuming Net Income for the year is $235,000, what is the net cash flows from operating activities given the following information:

Increase in Salaries Payable	$	19,000
Depreciation Expense	$	7,000
Increase in Prepaid Rent	$	26,000
Loss on sale of asset	$	1,450
Increase in Accounts Payable	$	32,500
Increase in Inventory	$	76,000

Multiple Choice

• $225,950

• $218,950

• $335,550

• $192,950