During the month of February, Farness Company had the following transactions: (1) Revenues of $225,000 were earned and received in cash. (2) Bank loans of $18,000 were paid off. (3) New bank loans of $15,000 were incurred. (4) Equipment of $40,000 was purchased with cash. (5) Equipment was sold for its book value of $36,000. Cash was received. (6) Expenses of $171,400 were paid. (7) Stockholders purchased additional shares for $50,000 cash. A statement of cash flows for February, would report net cash flows from operating activ Multiple Choice $4,000. $35,600. $53,600. $96,600