Let's Do This, Inc. had an operating income of $35,000 for the year just ended. Balances in the company's current asset and current liability accounts at the beginning and of the year were as follows:

	Beginning	Ending
Cash	$30,000	$40,000
Accounts Receivable	$125,000	$106,000
Inventory	$213,000	$180,000
Accounts Payable	$210,000	$195,000

The company reported $350,000 in Sales Revenue and a Gross Profit of $140,000. Depreciation expense totaled $8,000. Using the direct method, compute the company's cash flow from operating activities for the year. (assume only inventory purchases are included in accounts payable)

A.

$80,000

B.

$87,000

C.

$125,000

D.

$51,000

E.

$177,000