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Melcher Arts, which owns an art gallery, reported net income of $380,000. In addition, the following information was taken from its general ledger beginning balances

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Melcher Arts, which owns an art gallery, reported net income of $380,000. In addition, the following information was taken from its general ledger beginning balances in Accounts Receivable and Accounts Payable were $58,000 and $52,000, respectively, ending balances in these accounts were $52,000 and$48,000, respectively. Dresser's net cash flows from operating activities would be: Multiple Choice 537,0. $382,000. 5396,000

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