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Company A had the following income statement amounts in 2019: Sales: $1,000,000 Gross profit: $650,000 Depreciation: $50,000 Gain on sale of land: $10,000 Net income:

Company A had the following income statement amounts in 2019:

Sales: $1,000,000

Gross profit: $650,000

Depreciation: $50,000

Gain on sale of land: $10,000

Net income: $250,000

It also had the following current account balances at year-end in 2018 and 2019.

Account Name

12/31/18

12/31/19

Inventory

100,000

150,000

Accounts Receivable

150,000

100,000

Accounts Payable

300,000

350,000

Salaries Payable

20,000

30,000

Interest Payable

100,000

20,000

What were Company A's cash flows from operations?

Group of answer choices

$270,000

$190,000

$230,000

$310,000

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