The net income reported on the income statement for the current year was $245,000, Depreciation was $40,000. Account receivable and Inventories increased by $8,000 and 515,000, respectively. Prepaid expenses and accounts payable increased, respectively, by $1,000 and $8,000. How much cash was provided by operating activities? a. $269,000 b. $287.000 Oc $393,000 d. 5332,000