NO.187 A company's 2013 year-end balance sheet included the following: Accounts Receivable Inventory Ex ses Accounts Pa able Deferred Revenue Jan. 1 $80,000 90,000 S100,ooo S120,ooo 95,000 Dec. 31 S100,ooo S70,ooo S75,ooo S100,ooo S96,ooo The companvs net cash from operating activities on its 2013 statement of cash flows is $200, Current year depreciation expense is $25,000. What amount should the company report as net income for 2013? A. $130,000 B. $170,000 c. $175,000 D. $230,000 Answer: B