Use the following information to determine CASH FLOW FROM OPERATIONS:

Comparative Balance Sheet

December 31

Cash $40,000 57,000

Accounts Receivables 77,000 64,000

Inventory 132,000 140,000

Prepaid expenses 12,140 16,540

Land 125,000 150,000

Equipment 200,000 175,000

Accumulated Depreciation - Equip (60,000) (42,000)

Building 250,000 250,000

Accumulated Depreciation - Building(75,000) (50,000)

TOTAL ASSETS $701,140 $760,540

Accounts Payable $33,000 $45,000

Bonds Payable 235,000 265,000

Common Stock, $1 Par 220,000 210,000

Additional Paid in Capital 50,000 40,000

Retained Earnings 163,140 200,540

TOTAL LIABILITIES & EQUITY. $701,140 $760,540

Additional Information:

1. Net income for 2020 was $26,890.
2. Land was sold for cash at a loss of $2,000.
3. Cash dividends were paid during the year.
4. Equipment was purchased for cash.In addition, equipment costing $40,000 with a book value of $13,000 was sold for $14,000 cash.

What is thecash flow fromoperating activities?

A. $85,290

B.$86,290

C.$108,290

D.$84,290

Thank you for your help again!