FJ Smith Company provided the following information on selected transactions for 2021 Net Income Proceeds from short-term borrowings Proceeds from long-term borrrowings Purchase of fixed assets Decrease in inventories Proceeds from sale of Smith's common stock Depreciation expense $20,000,000 1,200,000 4,000,000 3,200,000 8,000,000 2,000,000 500,000 What is the net increase in cash for the year ended December 31, 2021, as a result of the preceding information? Multiple Choice $16.500.000