Alvez reports net income of $350,000 for the year ended December 31. It also reports $117,100 depreciation expense and a $12,700 loss on the sale of equipment. Its comparative balance sheet reveals a $51,000 increase in accounts receivable, a $12,900 decrease in prepaid expenses, a $19,700 increase in accounts payable, a $16,100 decrease in wages payable, a $94,800 increase in equipment, and a $127,000 decrease in notes payable. Calculate the net increase in cash for the year. Multiple Choice $223,500. $445,300. O $236,200. O $350,500. O $318,300