Leduc Co Reported Sales of $350,000 and Total Expenses of $280,000;

Multiple Choice

Leduc Co. reported sales of $350,000 and total expenses of $280,000; wages payable increased by $12,000; inventory decreased by $25,000; accounts payable decreased by $50,000; and depreciation was $30,000. What was the net cash flow from operating activities?

A) $87,000
B) $40,000
C) $15,000
D) $63,000