The following financial statements are available for PG&E. on December 31, 2018. PG&E's (Partial) Comparative Balance Sheets Dec 31, 2017 Dec 31, 2018 Assets Current Assets: Cash and cash equivalents $177,000 $138,000 Accounts Receivable 463,000 273,000 Prepaid Expenses 50,000 20,000 Inventory 600,000 620,000 Total Current Assets 1,290,000 1,051,000 Liabilities and Equity Current Liabilities: Accounts Payable Other Accrued Liabilities Income Taxes Payable Total Current Liabilities $169,000 44,000 0 213,000 $159,000 129,000 23.000 311,000 PG&E's Income Statement, for year ended December 31, 2018 Sales Revenues $8,430,000 Expenses Cost of Goods Sold 6,250,000 Other Operating Expenses 1,545,000 Depreciation Expense 212,000 Loss contingency-wildfire 50,000 Loss on Sale of Equipment 120,000 Interest Expense 48,000 Income Tax Expense 92,000 Net Income $113,000 Determine cash flows from operating activities. PG&E's Income Statement, for year ended December 31, 2018 Sales Revenues $8,430,000 Expenses Cost of Goods Sold 6,250,000 Other Operating Expenses 1,545,000 Depreciation Expense 212,000 Loss contingency-wildfire 50,000 Loss on Sale of Equipment 120,000 Interest Expense 48,000 Income Tax Expense 92,000 Net Income $113,000 Determine cash flows from operating activities. None of other answer choices is correct $743,000 $793,000 O $841,000 The following information is provided for PG&E, a utility company that operates in California. (Gross) Sales $1,000,000 Rent expense 5,000 Restructuring expense 12,000 Sales returns 50,000 Interest revenues 1,000 Warranty expense 5,000 Interest expense 18,000 Loss contingency from wildfires 1.000 Income tax expense 30,000 Dividends paid 8,000 Discount forfeited 10,000 Salary expense 20,000 Depreciation expense 30,000 Cost of goods sold 300,000 Determine gross profit, operating income, and net income. $700.000 / $587.000 / $540,000 None of other answer choices is correct $660.000 / $587.000 / $540,000 $660,000/ $592.000 / $540,000