Baird Company reported depreciation expense of $10,000 and net income of $16,000 on its Year 1 income statement. During Year 1, the company's accounts receivable balance decreased by $4,000. Based on this information alone, what was the amount of cash flow from operating activities?
A. $32,000
B. $30,000
C. $12,000
D. $16,000
Answer: B
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