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Mast Company reports net income of $322,500 for the year ended December 31 it also reports 5102,800 depreciation expense and a $11,050 loss on the

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Mast Company reports net income of $322,500 for the year ended December 31 it also reports 5102,800 depreciation expense and a $11,050 loss on the sale of equipment. its comparative balance sheet reveals a $44,400 increase in accounts recelvable, a $11,250 decrease in prepaid expenses, a $16,950 increase in accounts payable, and a $13,900 decrease in wages payable. Calculate the net increase in cash for the year. Mutiple Chaice 5315,200 . 5224,100 $295,750 $406250 $323,550

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