LAE Sales Cost of Goods Sold Salaries Expense Depreciation Expense Net Income Accounts Receivable decrease Merchandise Inventory increase Salaries Payable increase Income Statement Balance Sheet $ 98,500 (62,000) (18,000) (9,000) 9,500 $2,000 1,600 450 Based on the information above, Chocolate Company's net cash flow from operating activities is

\begin{tabular}{|lrr|} & Income Statement & Balance Sheet \\ Sales & $98,500 & \\ Cost of Goods Sold & (62,000) & \\ Salaries Expense & (18,000) & \\ Depreciation Expense & (9,000) & \\ Net Income & 9,500 & \\ Accounts Receivable decrease & & $2,000 \\ Merchandise Inventory increase & & 1,600 \\ Salaries Payable increase & 450 \\ \hline \end{tabular}