For the year ended 12-31-2021, Gonzalez's Biscuits reported net income of $78,750. On January 1, 2021, the balances in accounts receivable and accounts payable were $40,250 and $45,500 respectively. Year-end balances in these accounts were $38,500 and $49,000, respectively. Assuming that all relevant information has been presented, Gonzalez's cash flows from operating activities would be:

Group of answer choices

$78,750.

$84,000.

$80,500.

$77,000.