Business, 06.08.2019 20:10, krystalhurst97

Alvez reports net income of $347,500 for the year ended december 31. it also reports $115,800 depreciation expense and a $12,550 loss on the sale of equipment. its comparative balance sheet reveals a $50,400 increase in accounts receivable, a $12,750 decrease in prepaid expenses, a $19,450 increase in accounts payable, a $15,900 decrease in wages payable, a $93,700 increase in equipment, and a $125,500 decrease in notes payable. calculate the net increase in cash for the year.

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Alvez reports net income of $347,500 for the year ended december 31. it also reports $115,800 deprec...