Lense Laboratories' net income was $260,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories?

Increase in Accounts Receivable	$	62,000
Increase in Salaries Payable	$	58,000
Decrease in Inventory	$	32,500
Depreciation Expense	$	47,000
Increase in Prepaid Insurance	$	3,200

Multiple Choice

$332,300

$462,700

$340,300

$273,700