The financial statements of Seldin, Inc., provide the following information for the current year:

	Dec.31				Jan.1
Accounts receivable	$	35,000			$	40,000
Inventory	$	55,000			$	51,000
Prepaid expenses	$	12,000			$	14,000
Accounts payable (for merchandise)	$	33,000			$	32,000
Accrued expenses payable	$	15,000			$	20,000
Net sales	$	260,000
Cost of goods sold	$	130,000
Operating expenses (including depreciation of $18,000)	$	80,000

Seldin's net cash flow from operating activities for the current year is:

Multiple Choice

• $57,000.

• $59,000.

• $61,000.

• $67,000.