Kela Corporation reports net income of $530,000 that includes depreciation expense of $80,000. Also, cash of $55,000 was borrowed on a 4-year note payable .Based on this data, total cash inflows from operating activities are:
$585,000
$450,000
$665,000
$610,000
Net Income | $ 530,000 | |
Add:Depreciation expenses | $ 80,000 | |
Cash Inflow from Operating Activities | $ 610,000 | |
Note:The Cash boorowed from issuing a Lon-Term Notes Payable is shown as a cash Inflow from Financing activities | ||
So Option D is answer | ||
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