net operating cash flow of:

Loring Company reported net income of $225,000. Beginning and ending inventory balances were $47,500 and $49,500, respectively. Accounts payable balances at the beginning and end of the year were $41,500 and $37,500, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of: $223,000. $231,000. $227,000. $219,000