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In: AccountingPartial information from the comparative balance sheet ofJackson Company as of December 31, 2020 and...Partial information from the comparative balance sheet ofJackson Company as of December 31, 2020 and 2019 reflected thefollowing selected account balances. From the information containedon the balance sheet and the additional information below, preparethe Net Cash Flows from Operating activities to answer thefollowing two questions. Jackson CompanyComparative Balance Sheet Partial Information 2020 2019Current Assets:Cash $114,000 $100,000Accountsreceivable 18,400 20,700Inventory 62,200 59,600Current Liabilities:Accountspayable 29,300 26,600Accruedliabilities 9,700 10,100Additional information:Netincome 69,000Depreciationexpense 8,000Question:What is the amount of the total adjustments tonet income (total of the adjustments column)?a.$10,800b.$12,400c.$10,000d.$7,700See the previous question. How much is the net cashflows from operating activities?a.$79,000b.$64,000c.$8,400d.$12,400