Kela Corporation reports net income of $570,000 that includes depreciation expense of $78,000. Also, cash of $59,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are:   Multiple Choice   $629,000.   $648,000.   $492,000.   $707,000.

Intermediate Accounting: Reporting And Analysis
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Chapter21: The Statement Of Cash Flows
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Kela Corporation reports net income of $570,000 that includes depreciation expense of $78,000. Also, cash of $59,000 was borrowed on a 4-year note payable. Based on this data, total cash inflows from operating activities are:

 

Multiple Choice
  •  
    $629,000.
  •  
    $648,000.
  •  
    $492,000.
  •  
    $707,000.
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