Help Save & Exit Mayweather reports net income of $310,000 for the year ended December 31. It also reports $96,300 depreciation expense and a $10,300 loss on the sale of equipment. Its comparative balance sheet reveals a $41,400 increase in accounts receivable, a $10,500 decrease in prepaid expenses, a $15,700 increase in accounts payable, a $12,900 decrease in wages payable, a $77,200 increase in equipment, and a $103,000 decrease in notes payable. Calculate the net increase in cash for the year. Multiple Choice $285,500. $218,600 $208,300. $311,300. $388,500