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Multiple Choice Question 129 Pharoah Company had net income of $1103600 for the year ending 12/31/2022. Depreciation expense for 2022 is $136400. During the year,
Multiple Choice Question 129 Pharoah Company had net income of $1103600 for the year ending 12/31/2022. Depreciation expense for 2022 is $136400. During the year, accounts receivable and inventory increased $74400 and $198400, respectively. Prepaid expenses and accounts payable decreased $9920 and $19840, respectively. There was also a loss on the sale of equipment of $14880. How much cash was provided by operating activities in 2022? $972160. $1339200. $942400. O O O $1398720
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