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Accounts receivable from sales transactions were $48,797 at the beginning of the year and $67,799 at the end of the year. Net income reported on

Accounts receivable from sales transactions were $48,797 at the beginning of the year and $67,799 at the end of the year. Net income reported on the income statement for the year was $125,112. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is

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$19,002

$106,110

$125,112

$144,114

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