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A company had net income of $244,462. Depreciation expense is $21,276. During the year, Accounts Receivable and Inventory increased by $17,556 and $39,282, respectively. Prepaid
A company had net income of $244,462. Depreciation expense is $21,276. During the year, Accounts Receivable and Inventory increased by $17,556 and $39,282, respectively. Prepaid Expenses and Accounts Payable decreased by $2,613 and $7,528, respectively. There was also a loss on the sale of equipment of $3,744. How much cash was provided by operating activities?
Select the correct answer.
$207,729
$252,671
$269,482
$200,241
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