Novak Corporation's net income for the current year was $622000. Depreciation recorded on plant assets was $58000 and smortization expense was $93000. Accounts receivable and inventories increased by $49000 and $20000, respectively, Supplies and accounts payabie decreased by $2000 and $39000, respectively. The equipment account balance increased by $55,000 and a $500,000 convertible bond was retired through the issuance of cornmon stock. How much cash was provided by operating activities? $565000 $667000 $585000 $879000