Condensed Financial Data of Clark, Inc. appear below: Clark, Inc. Comparative Balance Sheet December 31 2017 2016 Assets Cash & Cash Equivalents $97,800 Accounts Receivable 90,800 $38,400 33,000 102,850 112,500 Inventory Prepaid Expenses Investments 18,400 16,000 108.000 94,000 Plant Assets 270,000 242,500 Accumulated Depreciation (50,000) $647,500 (52,000) $474,750 $92,000 $67,300 Liabilities & Stockholders' Equity Accounts Payable Accrued Expenses Payable Bonds Payable Common Stock 16,500 17,000 85.000 110,000 180,000 150,000 25,000 APIC - Common Stock Retained Earnings 40,000 234.000 $647,500 105,450 $474,750 Clark, Inc. Income Statement For the Year Ended December 31, 2017 Sales $342,780 Less: Cost of Goods Sold $115,460 58.910 7,280 Operating Expenses Income Tax Expense Interest Expense Loss on Sale of Plant Assets 2,730 7,500 191,880 $150,900 Net Income Additional Information: 1. New Plant Assets were purchased for cash during the year. 2. Old Plant Assets having an original cost of $57,500 were sold for $1,500 cash. 3. Bonds matured and were paid off at face value for cash. 4. A cash dividend was declared and paid during the year. Using the indirect method, calculate Cash Flow from Operations for December 31, 2017: O $105,250 O $144,250 O $159,250 $250,550 O $298,950