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The year-end income statement and balance sheet accounts for a company as of December 31,...

The year-end income statement and balance sheet accounts for a company as of December 31, Year 1 are shown in the Exhibit.

If no changes occurred in the current asset and current liability account balances from the beginning of the period, except for cash, what was the net cash flow from operations for Year 1?

A.

$350,000

B.

$365,000

C.

$390,000

D.

$400,000

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