The financial statements of Flathead Lake Manufacturing Company are shown below Income

The financial statements of Flathead Lake Manufacturing Company are shown below.

Income Statement 2017
Sales	$	9,300,000
Cost of Goods Sold		5,750,000
Depreciation Expense		550,000
Gross Profit	$	3,000,000
Selling and Administrative Expenses		2,200,000
EBIT	$	800,000
Interest Expense		200,000
Income before Tax	$	600,000
Taxes		375,000
Net Income	$	225,000

Flathead Lake Manufacturing Comparative Balance Sheets
	2017		2016
Cash	$	50,000		$	40,000
Accounts Receivable		570,000			600,000
Inventory		530,000			460,000
Total Current Assets	$	1,150,000		$	1,100,000
Fixed Assets		2,050,000			1,400,000
Total Assets	$	3,200,000		$	2,500,000
Accounts Payable	$	320,000		$	300,000
Bank Loans		480,000			400,000
Total Current Liabilities	$	800,000		$	700,000
Long-term Bonds		1,500,000			1,000,000
Total Liabilities	$	2,300,000		$	1,700,000
Common Stock (200,000 shares)		200,000			200,000
Retainded Earnings		700,000			600,000
Total Equity	$	900,000		$	800,000
Total Liabilities and Equity	$	3,200,000		$	2,500,000

Note: The common shares are trading in the stock market for $15 per share.

Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's cash flow from operating activities for 2017 was ________.

A) $810,000

B) $775,000

C) $755,000

D) $735,000

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