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A company reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts

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A company reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts were $10,500 and $27,000, respectively. Assuming that all relevant information has been presented, what is the company's net cash flows from operating activities? Multiple Choice $226,500 $240,000 $248,500. $253,500

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