Multiple-Choice Exercise 11-7 Mullinix Inc. reported the following information: net income, $55,000; decrease in accounts receivable, $12,000; decrease in accounts payable, $6,500; and depreciation expense, $10,000. What amount did Mullinix report as cash flow from operating activities on its statement of cash flows? Oa. $70,500 b. $50,500 Oc. $83,500 Od. $59,500