Sigma Company develops and markets organic food products to natural foods retailers. The following information is available for the company for the year 20X8: Sales$450,000 Cost of goods sold 275,000 Increase in accounts receivable 25,000 Decrease in inventory 13,000 Decrease in accounts payable 30,000 Based on the preceding information, what amount will be reported by the company as cash flows from operating activities for 20X8?
A. $207,000
B. $133,000
C. $175,000
D. $167,000
Answer: B
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