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2. For the fiscal year just ended, Doran Electronics had the following results. Net income $920,000...

2. For the fiscal year just ended, Doran Electronics had the following results.

Net income $920,000

Depreciation expense 110,000

Increase in accounts payable 45,000

Increase in accounts receivable 73,000

Increase in deferred income tax liability 16,000

Doran’s net cash flow from operating activities is

a. $928,000. b. $986,000. c. $1,018,000. d. $1,074,000.

please give a detailed explanation on the answer

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