Exhibit 19-7
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)

Exhibit 19-7
USE THE FOLLOWING INFORMATION FOR THE NEXT PROBLEM(S)
You are provided with the following information for the Nelson Corporation. $\begin{array}{lcc} & 2008 & 2009 \\\hline \text { Net Income } & \$ 1500 & \$ 2000 \\\text { Depreciation } & \$ 200 & \$ 475 \\\text { Total Current Assets } & \$ 700 & \$ 900 \\\text { Total Current Liabilities } & \$ 500 & \$ 800\end{array}$
During 2009 Nelson Corp. made capital expenditures totaling $500 and disposed property worth $800.
-Refer to Exhibit 19-7. The firm's cash flow from operating activities for the year 2009 is

A) $2200
B) $2575
C) $2325
D) $2875
E) $1900