A company reported net income of $240,000. Beginning balances in Accounts Receivable and Accounts Payable were $19,000 and $22,000 respectively. Ending balances in these accounts were $10,500 and $27,000, respectively. Assuming that all relevant information has been presented, what is the company's net cash flows from operating activities?
Multiple Choice
$226,500.
$240,000.
$248,500.
$253,500.