This is Accounting Question
XYZ company had cash balance of $50,000 at the beginning of the year and $35,000 at the end of the year. The company had net income of $80,000 and made capital expenditures of $60,000 during the year. What was the company's cash flow from operating activities for the year?
A) $45,000 B) $55,000 C) $65,000 D) $75,000
Give full solution give all options explanation.