A company had net income of $208680. Depreciation expense is $19240. During the year, accounts receivable and inventory increased $11100 and $29600, respectively. Prepaid expenses and accounts payable decreased $1480 and $10360, respectively. There was also a loss on the sale of equipment of $12580. How much cash was provided by operating activities?

$178340.

$250860.

$190920.

$235320.

Answer rating: 100% (QA)

A C D E F G 1 Cash flow from operating activities 2 3 Net income 208680 Adjustment to reconc... View the full answer