Laser World's income statement reported total revenues of $890,000 and total expenses (including $41,500 depreciation) of $770,000. The balance sheet reported the following: Accounts Receivable-beginning balance, $53,000 and ending balance, $56,000; Accounts Payable-beginning balance, $26,000 and ending balance, $32,000. Therefore, based only on this information, the net cash flows from operating activities were: Multiple Choice $123,000 O $158,650. O $75.800. $164,500 Assuming Net Income for the year is $255,000, what is the net cash flows from operating activities given the following information: Increase in Salaries Payable Depreciation Expense Increase in Prepaid Rent Loss on sale of asset Increase in Accounts Payable Increase in Inventory $16,000 $ 6,000 $26,500 $ 1,450 $32,000 $73,000 Multiple Choice $243,450 (0) $353,050 o $210,950 $237,450 O Bad Brad's BBQ had cash flows for the year as follows ($ in millions): CASH RECEIVED FROM: Customers Interest on investments Sale of land Sale of common stock Issuance of debt securities $3,000 250 80 510 2,300 CASH PAID FOR: Interest on debt Income tax Debt principal reduction Purchase of equipment Purchase of inventory Dividends on common stock Operating expenses $ 330 130 1,700 3,500 900 280 550 Bad Brad's would report net cash inflows (outflows) from operating activities in the amount of Multiple Choice $1,670. $1,060. $1,340 $(1,470)