Thanks for the help!

*The statement of cash flows reports cash flows from the activities of:

A. Borrowing, paying, and investing.

B. Operating, investing, and financing.

C. Operating, purchasing, and investing.

D. Using, investing, and financing.

*Mary's Music Store reported net income of $144,000. Beginning balances in Accounts Receivable and Accounts Payable were $24,500 and $19,500 respectively. Ending balances in these accounts were $32,500 and $14,000, respectively. Assuming that all relevant information has been presented, Mary's net cash flows from operating activities would be:

A. $141,500.

B. $157,500.

C. $146,500.

D. $130,500.

*In the operating activities section of the statement of cash flows, we start with net income when using:

A. The indirect method.

B. Both the direct and the indirect method.

C. The direct method.

D. Neither the direct nor the indirect method.