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please to follow with calculation A company reported net income for the year of $1,050,000. During the year, accounts receivable decreased $300,000, prepaid expenses increased

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please to follow with calculation
A company reported net income for the year of $1,050,000. During the year, accounts receivable decreased $300,000, prepaid expenses increased $150,000, accounts payable for merchandise decreased $150,000, and liabilities for other expenses increased $100,000. Administrative expenses include depreciation expense of $50,000, and the company reported a loss on the sale of obsolete equipment of $10,000. Calculate net cash flows from operating activities during the year A. $1,690,000 $1,790,000 . C. $1,110,000 D. $1,210,000 O C

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