Assuming Net Income for the year is $245,000, what is the net cash flows from operating activities given the following information: 20 8 Increase in Salaries Payable Depreciation Expense Increase in Prepaid Rent LOSS on sale of asset Increase in Accounts Payable Increase in Inventory $17,500 s 7,500 S27,500 $ 1, 350 $31,500 S90,000 Multiple Choice O S176, 350 O s370350 521350