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A company had net income of $321480. Depreciation expense is $29640. During the year, accounts receivable and inventory increased $17100 and $45600, respectively. Prepaid expenses
A company had net income of $321480. Depreciation expense is $29640. During the year, accounts receivable and inventory increased $17100 and $45600, respectively. Prepaid expenses and accounts payable decreased $2280 and $15960, respectively. There was also a loss on the sale of equipment of $19380. How much cash was provided by operating activities?
a.$386460
b.274740.
c.$362520.
d.294120
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