Accounts Receivable from Sales Transactions Were $51,000 at the Beginning

Multiple Choice

Accounts receivable from sales transactions were $51,000 at the beginning of the year and $64,000 at the end of the year. Net income reported on the income statement for the year was $105,000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows prepared by the indirect method is

A) $105,000
B) $118,000
C) $92,000
D) $169,000