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Neon Enterprises reported Net Income of $148427 for the year ended December 31, 20x9. The only non-cash item included in the calculation of Net Income

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Neon Enterprises reported Net Income of $148427 for the year ended December 31, 20x9. The only non-cash item included in the calculation of Net Income is depreciation of $8988. 5 t complete rked out of 1.00 During 20x9, the following changes in working capital items occurred: A/R increased by $18285 Inventory increased by $6604 A/P decreased by $12616 Interest payable decreased by $3365 Income tax payable increased by $7942 What is Neon Enterprises' Cash flow from operations for the year ended December 31, 20x9 Select one: a. $124487 b. $115499 c. $106511 d. $190343 2 acBoo

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