The activities for the year ended December 31, 2020 included the

following:

2020's net income after taxes totaled $125,000.

Accounts receivable increased $32,000

Recorded a $10,000 goodwill impairment loss during the year

Inventory decreased $8,000

How much would be presented as ash flow from operations?

a. $91,000

b.$95,000

c. $111,000

d. $159,000