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Laser World's income statement reported total revenues of $860,000 and total expenses (including $41,000 depreciation) of $765,000. The balance sheet reported the following: Accounts Receivable-beginning

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Laser World's income statement reported total revenues of $860,000 and total expenses (including $41,000 depreciation) of $765,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $59,000 and ending balance, $60,500; Accounts Payable-beginning balance, $24,500 and ending balance, $31,500. Therefore, based only on this information, the net cash flows from operating activities were: Multiple Choice $141,500 $130,650 $48,800 $100,500

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