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Business, 02.08.2019 23:30 Zachgrainger4436

Alvez reports net income of $305,000 for the year ended december 31. it also reports $93,700 depreciation expense and a $10,000 loss on the sale of equipment. its comparative balance sheet reveals a $40,200 increase in accounts receivable, a $10,200 decrease in prepaid expenses, a $15,200 increase in accounts payable, a $12,500 decrease in wages payable, a $75,000 increase in equipment, and a $100,000 decrease in notes payable. calculate the net increase in cash for the year. multiple choice$206,400.$406,400.$216,400.$2 81,400.$381,400.

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Alvez reports net income of $305,000 for the year ended december 31. it also reports $93,700 depreci...
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