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The net income reported on the income statement of Blue Spruce Corp. for the current year was $1578000. Depreciation recorded on plant assets was $298000.

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The net income reported on the income statement of Blue Spruce Corp. for the current year was $1578000. Depreciation recorded on plant assets was $298000. Accounts receivable and inventories increased by $84000 and $56000, respectively. Prepaid expenses and accounts payable decreased by $7000 and $77000, respectively. How much cash was provided by operating activities during the year? O $1600000 O $1666000 $1740000 $2086000

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