Alvez reports net income of $327,500 for the year ended december 31. it also reports $105,400 depreciation expense and an $11,350 loss on the sale of equipment. its comparative balance sheet reveals a $45,600 increase in accounts receivable, an $11,550 decrease in prepaid expenses, a $17,450 increase in accounts payable, a $14,300 decrease in wages payable, an $84,900 increase in equipment, and a $113,500 decrease in notes payable. calculate the net increase in cash for the year.

Down under products, ltd., of australia has budgeted sales of its popular boomerang for the next four months as follows: unit salesapril 74,000may 85,000june 114,000july 92,000the company is now in the process of preparing a production budget for the second quarter. past experience has shown that end-of-month inventory levels must equal 10% of the following month’s unit sales. the inventory at the end of march was 7,400 units. required: prepare a production budget by month and in total, for the second quarter.