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Rachel's Recordings reported net income of $230,000. Beginning balances in Accounts Receivable and Accounts Payable were $19.000 and $23,000 respectively, Ending balances in these accounts

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Rachel's Recordings reported net income of $230,000. Beginning balances in Accounts Receivable and Accounts Payable were $19.000 and $23,000 respectively, Ending balances in these accounts were $11,500 and $29,000, respectively. Assuming that all relevant information has been presented, Rachel's net cash flows from operating activities would be: Multiple Choice $243.500 $230,000 $216,500 $237.500

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