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Use the following information to determine a company's Cash Flows from Operating Activities: - Net Income is $25,000 - Accounts Receivable increased by $4,000 -

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Use the following information to determine a company's Cash Flows from Operating Activities: - Net Income is $25,000 - Accounts Receivable increased by $4,000 - Merchandise Inventory decreased by $10,000 - Accounts Payable increased by $12,000 - Wages Payable decreased by $3,000 The Net Cash Flows from Operating Activities is $15,000 $40,000 $10,000 $28,000

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