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The financial statements of New World, Incorporated, provide the following information for the current year: Accounts receivable Inventory Prepaid expenses Accounts payable (for merchandise) Accrued

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The financial statements of New World, Incorporated, provide the following information for the current year: Accounts receivable Inventory Prepaid expenses Accounts payable (for merchandise) Accrued expenses payable Net sales Cost of goods sold Operating expenses (including depreciation of $69,000) December 31 $ 293,000 $ 287,500 $ 75,200 $ 267,300 $ 66,150 $ 3,197,500 $ 1,687,500 $ 387,500 January 1 $ 441,500 $ 272,000 $ 73,000 $ 261,550 $ 82,450 What is New World's net cash flow from operating activities for the current year? Multiple Choice O $1,648,750 $1,646,550 Ready

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