Amazing Glory, Inc. recognized a net income of $95,000 including $20,500 in depreciation expense. Additional changes from the balance sheet are as follows. Accounts Receivable $800 decrease Prepaid Expenses $14,000 decrease Inventory $25,000 increase Accrued Liabilities $6,500 decrease Accounts Payable $12,000 increase Compute the net cash from operating activities based on the above information.
a) $79,000
b) $50,700
c) $110,800
d) $132,000