Shown below is a list of various cash payments and cash receipts: Cash paid to suppliers and employees $420,000
Dividends paid $18,000
Interest paid $12,000
Purchases of plant assets $45,000
Interest and dividends received $17,000
Payments to settle short-term bank loans $29,000
Income taxes paid $23,000
Cash received from customers $601,000
Based only on the above items, net cash flows from operating activities are:
A) $138,000.
B) $91,000.
C) $120,000.
D) $163,000.

Question

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The Answer of Shown below is a list of various cash payments and cash receipts: Cash paid to suppliers and employees $420,000
Dividends paid $18,000
Interest paid $12,000
Purchases of plant assets $45,000
Interest and dividends received $17,000
Payments to settle short-term bank loans $29,000
Income taxes paid $23,000
Cash received from customers $601,000
Based only on the above items, net cash flows from operating activities are:
A) $138,000.
B) $91,000.
C) $120,000.
D) $163,000.

Shown Below Is a List of Various Cash Payments and Cash