The Loring Manufacturing Company reported net income of $217,000. Beginning and ending inventory balances were $45,500 and $47,000, respectively. Accounts payable balances at the beginning and end of the year were $42,000 and $37,500, respectively. Assuming that all relevant information has been presented, the company would report net operating cash flows of:
A. $214,000.
B. $220,000.
C. $211,000.
D. $223,000.