The following information is for Cleveland Company: 12/31/201612/31/2015Accounts receivable $143,500? $206,000? Prepaid rent 59,000? 29,300? Long term investments 154,500? 184,000? Dividends payable 57,200? 74,800? Salaries payable 181,000? 188,400? Long term notes payable 360,800? 390,200? Additional data for the current year: (1) Sales on account for the period were $246,000. (2) Operating expenses for the period were $133,000. Based on this limited information, what was the net cash inflow from operating activities?
A. $62,500
B. $138,400
C. $113,000
D. $37,100
Answer: B
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