Mayweather reports net Income of $332,500 for the year ended December 31. It also reports $108,000 depreciation expense and a $11,650 loss on the sale of equipment, its comparative balance sheet reveals a $46,800 increase in accounts receivable, a $11,850 decrease in prepaid expenses, a $17.950 Increase in accounts payable. a $14.700 decrease in wages payable, a $87,100 increase in equipment, and a $116,500 decrease in notes payable Calculate the net increase in cash for the year Multiple Choice $420,450 $303.950 $333, 350 $2,850 $220.500