125) WXY reported sales revenue of $40,000 and expenses of $35,000 during the period ended December 31, 2011. During the year, accounts receivable increased by $1,500; merchandise inventory increased by $1,000; accounts payable increased by $500; dividends payable decreased by $700; and depreciation expense of $2,500 was recorded. What was the amount of net cash ow om operating activities? A) $6,000 B) $2,500 C) $4,500 D) $5,500 E) $4,800