Alpha Company had the following account balances for 2016:

	Dec. 31	Jan. 1
Accounts receivable	$38,500	$29,500
Accounts payable	45,000	50,000

Alpha reported net income of $240,000 for 2016. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2016 reported in the statement of cash flows?

$244,000.

$236,000.

$226,000.

$254,000.