Limbo. Limited had a profit after tax of $100 000 for the financial year. Included in this profit was:

Depreciation expense of $24 000

Gain on sale of investments of $12 000

Also, accounts receivable increased by $13000 and inventories decreased by $4000. The cash flow from operating activities during the year was:

Select one:

$100 000

None of these

$96 000

$99 000

$103 000