From the following information, calculate the net increase in cash. Earnings b
From the following information, calculate the net increase in cash.
Earnings before interest and taxes
$52,000
Depreciation expense
7,800
Decrease in prepaid expenses
1,700
Increase in accounts receivable
12,880
Purchase of machinery
32,700
Payment of dividends
11,300
Increase in bank borrowings
8,600
$88,780
$13,220
$18,620
$23,380
