The net income reported on the income statement for the current year was $225000. Depreciation recorded on plant assets was $35300. Accounts receivable and inventories increased by $2500 and $7800, respectively. Prepaid expenses and accounts payable decreased by $1700 and $12200 respectively. How much cash was provided by operating activities? $260300 O $239500 O $225000 O $205000

The net income reported on the income statement for the current year was \$225000. Depreciation recorded on plant assets was $35300, Accounts receivable and inventories increased by $2500 and $7800, respectively. Prepaid expenses and accounts payable decreased by $1700 and $12200 respectively. How much cash was provided by operating activities? $260300 $239500 $225000 5205000