C Multiple Choice Help Save & Call Mayweather reports net income of $355,000 for the year ended December 31. It also reports $119,700 depreciation expense and a $13,000 loss on the sale of equipment, its comparative balance sheet reveals a $52,200 increase in accounts receivable, a $13,200 decrease in prepaid expenses, a $20,200 increase in accounts payable, a $16,500 decrease in wages payable, a $97,000 increase in equipment, and a $130,000 decrease in notes payable. Calculate the net increase in cash for the year Submit O O O $238,400. $322,400 $355,400 $452,400 $225,400 6T