Answer:
Net cash flows from Operating activities = $139,000
Explanation:
                                   Statement of Cash Flows
<u>Cash-flows from Operating activities</u>
Net income for the year                                          $100,000
<u>Adjustment for non-cash effects</u>
Depreciation expenses                        $50,000
Decrease in Accounts receivables      $4,000
Increase in Inventory                           -$20,000
Decrease in Prepaid rent                      $2,000
Increase in Accounts payable               $8,000
Decrease in Income tax payable         <u>-$5,000</u>        <u>$39,000</u>
Net cash flows from Operating activities               <u>$139,000</u>