Racher's Recordings reported net income of $250,000. Beginning balances in Accounts Receivable and Accounts Payable were $16,000 and $22,000 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 5254,500 $260.500 $250.000 $239.500 15 HE Next >