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Rachel's Recordings reported net income of $ 2 8 0 , 0 0 0 . Beginning balances in Accounts Receivable and Accounts Payable were $

Rachel's Recordings reported net income of $280,000. Beginning balances in Accounts Receivable and Accounts Payable were $20,000 and $23,000 respectively. Ending balances in these accounts were $11,500 and $28,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be:
Multiple Choice
$280,000.
$288,500.
$266,500.
$293,500.
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