The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January 1 Accounts receivable $ 281,000 $ 321,500 Inventory $ 272,500 $ 260,000 Prepaid expenses $ 70,400 $ 67,000 Accounts payable (for merchandise) $ 249,300 $ 237,550 Accrued expenses payable $ 66,150 $ 76,450 Net sales $ 3,137,500 Cost of goods sold $ 1,651,500 Operating expenses (including depreciation of $57,000) $ 375,500 What is New World's net cash flow from operating activities for the current year? Multiple Choice $1,250,550 $1,193,550 $1,525,750 $1,522,350