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Pina Colada Corp.'s net income for the current year was $561000. Depreciation recorded on plant assets was $84000. Accounts receivable and inventories increased by $44000

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Pina Colada Corp.'s net income for the current year was $561000. Depreciation recorded on plant assets was $84000. Accounts receivable and inventories increased by $44000 and $18000, respectively. Supplies and accounts payable decreased by $2000 and $35000, respectively. A $500,000 convertible bond was retired through the issuance of common stock. How much cash was provided by operating activities? $740000. $550000. $528000. $510000

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