Haris Mining Co. has recently decided to go public and has hired you as an independent CPA. One statement that the enterprise is anxious to have prepared is a statement of cash flow. Financial statements of Harian Mining Color 2m2 and 2 are provided below. 12./31/21 Cash Accounts receivable Inventory Property, plant and equipment tem accumulated depreciation $ 192,000 216,000 480,000 656.000 BALANCE SHEETS 12/31/22 S408,000 350.000 384.000 5608,000 5960,000 (320,000) 288.000 $1.440.000 $176,000 352,000 360,000 216.000 326.000 51.440.000 Accounts payable Income taxes payable Bonds payable Common stock Retained earnings (304.000) $1,544.000 $ 96,000 392) 600,000 216,000 240.000 $1.544.000 INCOME STATEMENT For the Year Ended December 31, 2022 $8,400,000 7.152.000 1,248,000 Sales revenue Cost of sales Gross profit Selling expenses Administrative expenses Income from operations $600,000 192.000 792.000 456,000 Interest expense 72.000 INCOME STATEMENT For the Year Pinded December 31, 2 SA400.000 7.152.000 1.248.000 $600,000 192.000 Sales reven Contofles Grow prot Selling expenses Administrative expenses Income from operations Interest expense Income before taxes Income taxe Net Income 72.000 456,000 72.000 384.000 96.000 $298.000 The following additional data were provided 1. Dividends for the year 2022 were $192,000 2. During the year equipment was sold for $240,000. This equipment cost $352,000 originally and had a book value of $288,000 at the time of sale. The loss on sale was incorrectly charged to cost of sales 3. All depreciation expense is in the telling expense category. The net cash provided by operating activities is $288.000, O $400,000 O $240,000 O $200,000