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How much cash was provided by operating activities

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Question - The net income reported on the income statement for the current year was R.O.2,250,000. Depreciation recorded on plant assets was R.O.200,000. Accounts receivable and inventories increased by R.O.20,000 and R.O.80,000, respectively. Prepaid expenses and accounts payable decreased by R.O.10,090 and R.O.110,000 respectively. How much cash was provided by operating activities?

a. R.O.2,430,000

b. R.O.2,590,000

c. R.O.2,250,000

d. R.O.2,050,000

Reference no: EM132558043

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