UJ Corp. reported net income for the year of $115,000.
What is the net cash flows from operating activities given the following information:
Increase in Salaries Payable
$
15,000
Depreciation Expense
6,000
Increase in Prepaid Rent
24,000
Loss on sale of asset
1,000
Increase in Accounts Payable
25,000
Increase in Inventory
50,000
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