Question: Current Attempt in Progress The net income reported on the income statement for the current year was $254000. Depreciation was $55000. Accounts receivable and
Current Attempt in Progress The net income reported on the income statement for the current year was $254000. Depreciation was $55000. Accounts receivable and inventories decreased by $5000 and $16000, respectively. Prepaid expenses and accounts payable increased, respectively, by $500 and $15000. Investments were sold at a loss of $21600. How much cash was provided by operating activities? O $325500. O $273500. O $366100. O $336500.
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