175 6 Fruitvale Company prepared the following income statement for 2018: Sales $242 Cost of goods sold Gross profit Operating expenses: Salaries expense $12 Depreciation expense 14 Rent expense Operating income Loss on sale of land Net income Also, the company's December 31 balance sheet revealed the following: 2018 2017 Accounts payable $24 15 Accounts receivable 33 Land 78 60 Inventory 27 20 Wages payable 532 na activities for 2018 was: Also, the company's December 31 balance sheet revealed the following: 2018 2017 Accounts payable $24 $15 Accounts receivable 33 Land 78 60 Inventory 27 20 Wages payable The net increase (decrease) in cash from operating activities for 2018 was: Select one: ca. 32 b. 68 c. None of the above. O d. 24 e. 14