The Hambone Soup Store Reported the Following Information for Its

Multiple Choice

The Hambone Soup Store reported the following information for its most recent fiscal year: Accounts payable increased by $39 000; inventory decreased by $27 000; net profit was $66 000; and depreciation expense was $15 000.
On the cash flow statement, net cash flow from operating activities should be reported at:

A) $15 000.
B) $69 000.
C) $117 000.
D) $147 000.