How much is the companys cash flow from operations

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Reference no: EM133328179

Question: Energy Electric reported net income in 2021 totaling $106,000. Depreciation expense for the year was $22,000. Between 1/1/2021 and 12/31/2021 we noted the following balance changes -

Accounts receivable decreased by $2,300,

Inventory increased by $4,500,

Dividends paid totaled $10,000,

Accounts payable to customers decreased by $5,000, and

Sales taxes payable (self assessed by the company) to various state tax authorities increased by $7,000.

How much is the company's cash flow from operations?

Reference no: EM133328179

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