Marlett CompanyFinancial Information

December 2009 December 2010

Net Income $2,000 $4,000

Accounts receivable 750 1,250

Accumulated depreciation 1,000 1,400

Common stock 4,500 5500

Paid-in capital 7,500 8500

Retained earnings 1,500 3,500

Accounts payable 750 950

Based on the information in Table 3-3, calculate the cash flow from operations. Assume that there were no changes in any other asset or liability accounts, and that the ending cash balance for 2009 was $100.

A) $4,100

B) $100

C) $0

D) $200,000