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 December 31 January 1 $ 285,000 $ 361,500 $ 277,500 $ 264,000 $ 72,000 $ 69,000 $ 255,300 $ 245,550 $ 66, 150 $ 78,450 $ 3,157,500 $ 1,663,500 $ 379,500 Cost of goods sold Operating expenses (including depreciation of $61,000) What is New World's net cash flow from operating activities for the current year? Multiple Choice $1,293,950 $1,563,750 $1,566,750 $1,232,950