Dennis Corporation prepared the following data (in dollars) for the current year: Increase in accounts receivable$6,000 Decrease in inventory 2,400 Increase in prepaid expenses 1,600 Depreciation expense, equipment 7,000 Loss on sale of equipment 1,500 Net income 130,000 Using the indirect method, what is the net cash flow from operating activities?
A. $101,200
B. $146,800
C. $118,000
D. $133,300
Answer: D
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