Jeffersonson, Inc. Balance Sheets For the years ending December 31, 2011 and 2012) Cash Accounts receivable Inventory Current assets Net fixed assets Land Total assets 2011 500 2,800 9,300 12,600 48,200 11,600 72,400 2012 500 2,400 9,900 12,800 61,400 12,900 87,100 1,000 1,700 Notes payable Accounts payable Accruals Current portion of LT Debt Current liabilities Long-term debt Common stock Additional paid in capital Retained earnings Total liabilities and equity 1,200 1,900 100 3,200 6,400 12,600 21,000 18,400 14,000 72,400 4,200 6,900 28,300 20,000 17,400 14,500 87,100 Record your answer as a dollar rounded (if necessary) to the nearest whole dollar, but do not include all Question 47 (2.5385 points) In its 2011 income statement, Jefferson Inc. reported net income of $1,410 and depreciation expense of $460. On its 2012 income statement, the company reported net income of $1,940 and depreciation expense of $480. Based on this information (and given the company's balance sheets for 2011 and 2012 in the chart above), compute Net Cash Flows from Operating Activities for Jefferson in 2012