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Husky Company has provided the following information for its most recent year of operation: Cash collected from customers totaled $89,600. Cash borrowed from banks totaled

Husky Company has provided the following information for its most recent year of operation:

Cash collected from customers totaled $89,600.

Cash borrowed from banks totaled $32,300.

Cash paid to employees for salaries totaled $32,400.

Cash received from selling Husky common stock to stockholders totaled $44,000.

Cash payments to banks for repayment of money borrowed totaled $7,800.

Cash paid to suppliers totaled $12,800.

Land costing $22,000 was sold for $22,000 cash.

Cash paid for dividends to stockholders totaled $3,600.

How much was Husky's cash flow from operating activities?

Multiple Choice

A)$37,700

B)$44,400

C)$41,900

D)$49,000

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