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Sunland Company had net income of $854400 for the year ending 12/31/2022. Depreciation expense for 2022 is $105600. During the year, accounts receivable and inventory
Sunland Company had net income of $854400 for the year ending 12/31/2022. Depreciation expense for 2022 is $105600. During the year, accounts receivable and inventory increased $57600 and $153600, respectively. Prepaid expenses and accounts payable decreased $7680 and $15360, respectively. There was also a loss on the sale of equipment of $11520. How much cash was provided by operating activities in 2022?
$752640.
$1036800.
$1082880.
$729600.
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