The financial statements of New World, Incorporated, provide the following information for the current year:

What is New World's net cash flow from operating activities for the current year?

32 The financial statements of New World, Incorporated, provide the following information for the current year: December 31 January 1 Accounts receivable $ 278, 000 $ 291, 500 Inventory 268 , 750 257, 000 Prepaid expenses $ 69 , 200 $ 65, 500 Accounts payable (for merchandise) $ 244, 800 $ 231, 550 eBook Accrued expenses payable $ 66, 150 $ 74 , 950 Net sales $ 3, 122, 500 Cost of goods sold $ 1, 642, 500 Operating expenses (including depreciation of $54, 000) $ 372, 500 What is New World's net cash flow from operating activities for the current year? Multiple Choice O $1,491,300 O $1,495,000 O $1,218,000 O $1,164,000