1. Pharoah Company reports the following information:

Net income			$ 350000
Depreciation expense			73000
Increase in accounts receivable			28000

Pharoah should report cash provided by operating activities of

$ 249000.

$ 305000.

$ 395000.

$ 451000.

2.Carla Vista Co. reports the following information:

Net income			$523000
Depreciation expense			128000
Increase in accounts receivable			61000

Carla Vista should report cash provided by operating activities of

$334000.

$456000.

$590000.

$712000.