Question: Mayberry's statement of cash flow is completed using the visual inspection method . Information regarding the Mayberry Company in 2016 appears below: Net income $140,000

Mayberry's statement of cash flow is completed using the visual inspection method. Information regarding the Mayberry Company in 2016 appears below:

Net income $140,000
Dividends paid 20,000
Decrease in inventory 15,000
Increase in accounts payable 30,000
Proceeds from issue of common stock 70,000
Depreciation expense 10,000

What was Mayberry's net increase in cash?

$225,000

$190,000

$255,000

$245,000

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