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Mast Company reports net income of $327,500 for the year ended December 31 , it also reports $105,400 depreciation expense and a $11,350 loss on

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Mast Company reports net income of $327,500 for the year ended December 31 , it also reports $105,400 depreciation expense and a $11,350 loss on the sale of equipment. Its comparative balance sheet reveals a $45,600 increase in accounts recelvable, 0$11,550 decrease in prepoid expenses, 8 $17,450 increase in accounts payable, and a $14,300 decrease in wages payable. Calculate the net increase in cash for the year. Multiple Choice $299,850 5317,800 $226,300 $413.350 $328,450

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