During 20B, Bogus Corporation reported net income of $10,000. During the year, depreciation expense was $5,000, accounts payable increased $2,000 and accounts receivable increased $4,000. Therefore, based upon this information, the cash inflow from operating activities was A) $21,000. B) $20,000. C) $16,000. D) $13,000. E) None of the above is correct. Travis Company reported net income for 20B of $20,000, depreciation expense of $6,000, and amortization expense (patent) of $5,000. Also, accounts payable increased by $7,000 and inventory decreased by $2,000. The amount of cash flows from operating activities for 20B was A) $34,000. B) $35,000. C) $36,000. D) $40,000. E) None of the above is correct. Allen Company reported total sales revenue of $150,000 and total expenses of $152,000 (i.e., a net loss of $2,000) for the year ended December 31, 20D. During 20D, accounts receivable decreased by $1,000, trade payables increased by $5,000, wages payable increased by $3,000, and $18,000 in depreciation expense was recorded. Assuming no other adjustments are needed, the net cash flow from operating activities for 20D was (parentheses indicate net cash outflow) A) $29,000 B) $25,000 C) $23,000 D) ($1,000) E) None of the above is correct. Jackson Company gathered the following data to prepare its 20B statement of cash flows: Net Income $40,000 Depreciation expense $5,000 Accounts recievable decrease $3,000 Wages payable increase $4,000 Amortization of patent $1,000 Income tax payable decrease $2,000 Based only on the above data, the net cash inflow from operating activities during 20B was A) $43,000. B) $51,000. C) $53,000. D) $45,000. E) None of the above is correct. BC Company reported total sales revenue of $80,000 and total expenses of $72,000 (i.e., net income $8,000) for the year ended December 31, 20X. During 20X, accounts receivable increased by $3,000, merchandise inventory decreased by $2,000, accounts payable increased by $1,000, and $5,000 in depreciation expense was recorded. Assuming no other adjustments to net income are needed, the net cash inflow from operating activities was A) $10,000. B) $11,000. C) $13,000. D) $19,000. E) None of the above is correct