In the course of preparing a company's statement of cash flows, the following figures are to be included in the calculation of net cash from operating activities. $Depreciation charges 980,000Profit on sale of non-current assets 40,000Increase in inventories 130,000Decrease in receivables 100,000Increase in payables 80,000What will the net effect of these items be in the statement of cash flows?
A.
Addition to operating profit $890,000
B.
Subtraction from operating profit $890,000
C.
Addition to operating profit $1,070,000
D.
Addition to operating profit $990,000