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Alex Company had the following information for the year ended December 31, 2016: Net income $720,000 Increase in accounts payable 74,000 Increase in accounts receivable

Alex Company had the following information for the year ended December 31, 2016: Net income $720,000 Increase in accounts payable 74,000 Increase in accounts receivable 64,000 Depreciation Expense 88,000 What is the cash flow from operating activities for the year ended December 31, 2016? Select one:

a. $818,000. b. $730,000. c. $494,000. d. $946,000.

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