Naper Inc. summarized the following information for 2020:

Net increase in cash	$15,000
Net decrease in deferred tax liability, noncurrent	5,000
Loss on sale of fixed assets	2,000
Increase in accounts receivable, net	8,000
Decrease in inventory	6,000
Increase in accounts payable	10,000
Increase in nontrade note payable	6,000
Depreciation expense	11,000
Net income	180,000

Based on the information provided, what is net cash flows from operating activities for 2020?

Select one:

a. $196,000

b. $217,000

c. $202,000

d. $223,000