Reference no: EM131877105

Question - Amazing Glory, Inc. recognized a net income of $95,000 including $20,500 in depreciation expense.

Additional changes from the balance sheet are as follows.

Accounts Receivable $800 decrease

Prepaid Expenses $14,000 decrease

Inventory $25,000 increase

Accrued Liabilities $6,500 decrease

Accounts Payable $12,000 increase

Compute the net cash from operating activities based on the above information.

$79,000

$50,700

$110,800

$132,000