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Find what cash flows from operating activities to be report

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Reference no: EM132809314

Problem 1: Metlock Company's accounts receivable arising from sales to customers amounted to $134000 and $118000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $512000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

A. $630000.

B. $512000.

C. $496000.

D. $528000.

Reference no: EM132809314

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