Texas Corporation had the following comparative balance sheet information for 2015 and 2016: The company reported net income for 2016 of $40,000. Depreciation Expense was $4,000. Texas paid cash dividends during 2016. Account 2016 2015 Cash $ 30,000 S 28.000 Accounts receivable 48,000 50,000 45. The amount of net cash flow from operating Inventory 158,000 156,000 Prepaid insurance 10,000 8,000 activities for 2016 was Property, plant & equipment, net 56,000 50,000 Total $ 302,000 $ 292,000 A. $34,000. B. $42,000. C. $90,000 D. $38,000 Accounts payable Bonds payable Common stock Retained earnings Total 14,000 90,000 140,000 58,000 $ 302,000 $ 18,000 120,000 120.000 34,000 $ 292,000 46. The amount of net cash flow from investing activities for 2016 was Cash Flows from Operating Activities Net income Adjustments to reconcile net income to net cash flow from A. $6,000. Operating activities: B. $2,000. Depreciation expense Decrease in accounts receivable C. $(10,000). Increase in inventory D. $(6,000). Increase in prepaid insurance Decrease in accounts payable Cash flow from operating activities 47. The amount of net cash flow from financing Cash Flows from Investing Activities Cash flow to purchase property, plant & equipment activities for 2016 was Cash Flows from Financing Activities Cash flow from issuing common stock Cash flow for payment of bonds payable A. $(66,000). Cash flow for payment of dividends B. S(16,000). Net cash from financing activities C. $(26,000). Net increase in cash Beginning cash balance D. $2,000. Ending cash balance