The net income reported on the income statement for the current year was $240,000. Depreciation expense was $52,000. Accounts receivable and inventories decreased by $5,000 and $15,000, respectively. Prepaid expenses and accounts payable increased, respectively, by $500 and $14,000. Investments were sold at a loss of $20,000. How much cash was provided by operating activities? a. $258,500. b. $307,500 c. $345,500 d. $317,500