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Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of $750,000. The balance sheet reported the following: Accounts Receivablebeginning

Laser World's income statement reported total revenues of $910,000 and total expenses (including $43,500 depreciation) of $750,000. The balance sheet reported the following: Accounts Receivablebeginning balance, $60,000 and ending balance, $61,500; Accounts Payablebeginning balance, $26,500 and ending balance, $32,500. Therefore, based only on this information, the net cash flows from operating activities were:

rev: 05_01_2020_QC_CS-210424

Multiple Choice

  • $112,300.

  • $164,500.

  • $208,000.

  • $199,150.

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