Lense Laboratories' net income was $320,000. Given the account information below, what is the net cash flows from operating activities for Lense Laboratories?

Increase in Accounts Receivable	$	64,000
Increase in Salaries Payable	$	56,000
Decrease in Inventory	$	35,000
Depreciation Expense	$	49,500
Increase in Prepaid Insurance	$	3,400

Multiple Choice

• $527,900

• $393,100

• $409,100

• $329,900