A company had net income of $265,307. Depreciation expense is $27,888. During the year, Accounts Receivable and Inventory increased by $17,637 and $28,123, respectively. Prepaid Expenses and Accounts...

A company had net income of $265,307. Depreciation expense is $27,888. During the year, Accounts Receivable and Inventory increased by $17,637 and $28,123, respectively. Prepaid Expenses and Accounts Payable decreased by $2,852 and $4,066, respectively. There was also a loss on the sale of equipment of $7,873. How much cash was provided by operating activities?
Select the correct answer.
$301,068

$238,348

$291,796

$254,094