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Kela Corporation reports net income of $490,000 that includes depreciation expense of $72,000. Also, cash of $41,000 was borrowed on a 4-year note payable. Based
Kela Corporation reports net income of $490,000 that includes depreciation expense of $72,000. Also, cash of $41,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are: Multiple Choice $603,000 $531,000. $562,000. $418,000 Lense Laboratories' net income was $300,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories? Multiple Choice $361,000 $305,000 $389,000 $506,000
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