Question 1 (6 points)

The accounting records of MJ6RING Company provided the data below.

Net income	53,317
Depreciation expense	7,504
Increase in accounts receivable	2,108
Increase in inventory	2,988
Amortization of patent	1,081
Decrease in salaries payable	537
Decrease in accounts payable	5,926

Required: Calculate net cash flows from operating activities using the above information. (Amounts to be deducted should be indicated with a minus sign.)

A: 49,262

B: 50,343

C: 42,839

D: 20,144