4 points 18. A company had net income of $890,000. Depreciation expense is $110,000. During the year, accounts receivable and inventory increased $60,000 and $160,000, respectively. Prepaid expenses and accounts payable decreased $8.000 and $16.000, respectively. How much cash was provided by operating activities? * $760,000 $772,000 $1,080,000 $1.128,000 None of the above 19. Olinda's company has reported net income of 200.500$ this year. The points operating expenses excluding depreciation and amortization are 408,000$. Knowing that depreciation and amortization is 112,000$ and tax expense is 42,000$. The EBIT reads: 324,000 224,000 0 114,000 200,000 O None of the above