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Saved Help Save & Exit The net income for Howie Doohan Corporation was $280 million for the year ended December 31, 2021. Related information follows:

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Saved Help Save & Exit The net income for Howie Doohan Corporation was $280 million for the year ended December 31, 2021. Related information follows: Sale of common stock for cash, $34 million. Amortization of trademark, $2 million. Cash dividends paid, $28 million. Decrease in salaries payable, $2 million Depreciation expense, $40 million. Increase in accounts payable, $18 million. Increase in bonds payable, $26 million. Loss on sale of long term investments, $4 million. Wet cash flows from operating activities during 2021 should be reported as: Multiple Choice $338 million Saved o $338 million. o $302 million. o $342 million. o $364 million

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