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Question 12 1 pts Mayweather reports net income of $307,500 for the year ended December 31. It also reports $95.000 depreciation expense and a $10.150 loss on the sale of equipment (a long-term asset). Its comparative balance sheet reveals a $40,800 increase in accounts receivable, a $10,350 decrease in prepaid expenses, a $15,450 increase in accounts payable, a $12.700 decrease in wages payable, a $76,100 increase in equipment (a long term asset), and a $101.500 decrease in notes payable la long-term liability). Calculate the net increase in cash for the year. $217.500 $300,350 5.384.950 $263,450 $207,350 Question 13 1 pts O EL O A