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Lense laboratories net income was 330000 given the account

Question - Lense Laboratories' net income was $330,000. Given the account information below, what is the net operating cash flows for Lense Laboratories?

Increase in Accounts Receivable $63,000

Increase in Salaries Payable $57,000

Decrease in Inventory $36,000

Depreciation Expense $49,000

Increase in Prepaid Insurance $3,800

a. $538,800

b. $417,200

c. $405,200

d. $340,800

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Accounting Basics: Lense laboratories net income was 330000 given the account

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Accounting Basics: Lense laboratories net income was 330000 given the account

Reference No:- TGS02409513

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