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please answer ASAP Somerset Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information

please answer ASAP

Somerset Company, a manufacturer, uses the indirect method for preparing its statement of cash flows. The company has provided the following information pertaining to its recent year of operation:

Cash flow from operating activities, $144,000

Accounts payable decreased $12,500

Prepaid assets increased $7,900

Depreciation expense was $13,900

Accounts receivable decreased $10,900

Loss on sale of a depreciable asset was $8,800

Wages payable increased $5,400

Unearned revenue decreased $8,800

Patent amortization expense was $5,400

How much was Somerset's net income?

Answers:

$128,00

$136,000

$103,000

$105,400

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