A company had net income of $1,860,000 in 2016. Depreciation expense is $208,000. During the year, Accounts Receivable and Inventory increased $120,000 and $320,000, respectively. Prepaid Expenses and Accounts Payable decreased $16,000 and $32,000, respectively. There was also a loss on the sale of equipment of $24,000. How much cash was provided by operating activities in 2016? A) $2,208,000 B) $1,568,000 C) $1,636,000 D) $2,476,000