ql-formula" data-value="\begin{array} { cc }\text { Income Statement }&\text { Additional data }\\\begin{array}{lr}\text { Sales } & \$750,000 \\\text { Cost of sales } & 300,000 \\\text { Gross profit } & 450,000 \\\text { Cash operating expenses } & 750,000 \\\text { Amortization } & 25,000 \\\text { Loss on sale of land } &{15,000} \\\text { Net income } & \underline{\$ 335,000}\end{array}&\begin{array}{lr}\text { Dividends paid } & \$ 5,000 \\\text { Decrease in accounts payable } & 25,000 \\\text { Sale of land } & 100,000 \\\text { Increase in inventory } & 40,000 \\\text { Decrease in accounts receivable } & 15,000\end{array}\\\end{array}">

\begin{array} { cc }\text { Income Statement }&\text { Additional data }\\\begin{array}{lr}\text { Sales } & \$750,000 \\\text { Cost of sales } & 300,000 \\\text { Gross profit } & 450,000 \\\text { Cash operating expenses } & 750,000 \\\text { Amortization } & 25,000 \\\text { Loss on sale of land } &{15,000} \\\text { Net income } & \underline{\$ 335,000}\end{array}&\begin{array}{lr}\text { Dividends paid } & \$ 5,000 \\\text { Decrease in accounts payable } & 25,000 \\\text { Sale of land } & 100,000 \\\text { Increase in inventory } & 40,000 \\\text { Decrease in accounts receivable } & 15,000\end{array}\\\end{array}

The net cash flow is:
A)$380,000
B)$375,000
C)$350,000
D)$345,000

If a Company Reported Net Income for the Year of $160,000

Multiple Choice

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