Ronaldo and Liu, Co. reported the following information for the year ended December 31, 2019 . Accounts payable increased during the year by $15,000; Inventory decreased during the year by $14,000; Accounts Receivable decreased by $1,500; Net income for the year was $35,500; On December 31, 2019, Ronaldo and Liu, Co. sold a piece of equipment for $10,000 cash that originally cost $60,000. The accumulated depreciation on this piece of equipment at the time of its sale was $54,000. The total Accumulated depreciation on Ronaldo and Liu, Co.'s equipment in creased from $10,000 at December 31, 2018 to $18,000 at December 31, 2019. Dividends paid in cash during the year ending 12/31/2019: $21,000 On the statement of cash flows, cash flow from operating activities for the year ending 12/31/2019 should be reported as: A. $124,000 B. $105,500 C. $116,500 D. $92,500 E $132,000