The net income reported on the income statement for the current year was $220,000. Depreciation recorded on plant assets was $35,000. Accounts receivable and inventories sed by $2,000 and $8,000, respectively. Prepaid expenses and accounts payable decreased by $2,000 and $12,000 respectively. How much cash was provided by operating activities? Select one The net income reported on the income statement for the current year was $220,000. Depreciation recorded on plant assets was $35,000. Accounts increased by $2,000 and $8,000, respectively. Prepaid expenses and accounts payable decreased by $2,000 and $12,000 respectively. How much cash was provided by operating activities? receivable and inventories Select one: a. $200,000 b. 235,000 O c. $220,000 d. $255,000