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Larkspur Company's accounts receivable arising from sales to customers amounted to $167000 and $146000 at the beginning and end of the year, respectively. Income reported
Larkspur Company's accounts receivable arising from sales to customers amounted to $167000 and $146000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $635000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is
$781000.
$656000.
$635000.
$614000.
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