The following information has been provided to you by your controller: Net income$100,000 Decrease in accounts payable $38,000 Decrease in inventory$7,500 Increase in accounts receivable$8,000 Decrease in bonds payable$75,000 Amortization of bond discount$9,400 Depreciation expense$20,000 Increase in income taxes payable$6,000 What is the net cash flow from operating activities?
A. $112,900
B. $ 94,100
C. $ 96,900
D. $ 97,900
Answer: C
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