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Help Save & Exit Submit Mayweather reports net income of $322,500 for the year ended December 31. It also reports $102,800 depreciation expense and a

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Help Save & Exit Submit Mayweather reports net income of $322,500 for the year ended December 31. It also reports $102,800 depreciation expense and a $11,050 loss on the sale of equipment. Its comparative balance sheet reveals a $44,400 increase in accounts receivable, a $11,250 decrease in prepaid expenses, a $16,950 increase in accounts payable, a $13,900 decrease in wages payable, a $82,700 increase in equipment, and a $110,500 decrease in notes payable. Calculate the net increase in cash for the year. Multiple Choice O $295,750. O $213,050, O $406,250. $323,550. O $224,100,

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