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A company had net income of $783200 for the year ending 12/31/2025. Depreciation expense for 2025 is $96800. During the year, accounts receivable and inventory
A company had net income of $783200 for the year ending 12/31/2025. Depreciation expense for 2025 is $96800. During the year, accounts receivable and inventory increased by $52800 and $140800, respectively. Prepaid expenses and accounts payable decreased $7040 and $14080, respectively. There was also a loss on the sale of equipment of $10560. How much cash was provided by operating activities in 2025 ? $950400$992640$668800$689920
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