The following information comes from Torveson Company's accounting records for 20X5:

Sales	$	575,000
Cost of goods sold		350,000
Decrease in accounts receivable		15,000
Increase in inventory		8,000
Increase in accounts payable		25,000

Based on the preceding information, what amount will be reported by the company as cash flows from operating activities for 20X5?

Multiple Choice

• $225,000

• $227,000

• $232,000

• $257,000