Shamrock Company’s accounts receivable arising from sales to customers amounted to $142000 and $124000

Shamrock Company’s accounts receivable arising from sales to customers amounted to $142000 and $124000 at the beginning and end of the year, respectively. Income reported on the income statement for the year was $539000. Exclusive of the effect of other adjustments, the cash flows from operating activities to be reported on the statement of cash flows is

$557000.

$663000.

$539000.

$521000.