Chisholm Associates uses the indirect method to prepare the operating activities section of the statement of cash flows. The following accounts and balances were drawn from the company's accounting records: Accounts receivable Prepaid insurance Accounts payable Unearned revenue Beg. Bal $31,850 6,450 25,850 8,250 End. Bal. $42,250 3,250 28,050 6,050 Net income for the period was $62,500. What is the net cash flows from operating activities? Multiple Choice $59,700 $67,900 $60,300 $55,300