Kela Corporation Reports Net Income of $450,000 That Includes Depreciation

question 77

Multiple Choice

Kela Corporation reports net income of $450,000 that includes depreciation expense of $70,000.Also,cash of $50,000 was borrowed on a 5-year note payable.Based on this data,total cash inflows from operating activities are:

• A)$380,000.
• B)$470,000.
• C)$520,000.
• D)$570,000.