Marin Company's accounts receivable arising from sales to customers amounted to $131000 and $114000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $498000.
Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is:
a) $498000. b) $612000. c) $481000. d) $515000.
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