Mary's Music Store reported net income of $135,000.Beginning balances in Accounts Receivable and Accounts Payable were $29,000 and $26,000,respectively.Ending balances in these accounts were $30,000 and $24,000,respectively.Assuming that all relevant information has been presented,Mary's cash flows from operating activities would be:

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Net income + Increase in Accounts Receivable - Decrease in Accounts Payable = Cash flow from operating activities$135,000 + ($30,000 - $29,000) - ($24,000 - $26,000) = $132,000

Mary's Music Store Reported Net Income of $135,000