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Skysong, Inc. had net income of $729800 for the year ending 12/31/2022. Depreciation expense for 2022 is $90200. During the year, accounts receivable and inventory
Skysong, Inc. had net income of $729800 for the year ending 12/31/2022. Depreciation expense for 2022 is $90200. During the year, accounts receivable and inventory increased $49200 and $131200, respectively. Prepaid expenses and accounts payable decreased $6560 and $13120, respectively. There was also a loss on the sale of equipment of $9840. How much cash was provided by operating activities in 2022?
$642880.
$885600.
$924960.
$623200.
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