Accounting

Net income for the year was $72,000. During the year, net cash provided by operating activities was $204,500; net cash used for investing activities was $169,400; net cash provided by financing activities was $48,400. Required: Calculate net increase (decrease) in cash for the year. Note: Enter decreases with a minus sign to indicate a negative financial statement effect. Net cash provided by operating activities Net cash used for investing activities Net cash provided by financing activities Net increase in cash for the year