1. A company uses the indirect method to determine its cash flows from operating activities. Use the following information to determine its net cash provided or used by operating activities Cash payment on note payable .. 8,0p0 2850 OD a. $23,550 used by operating activities b. $23,550 provided by operating activities c. $15,550 provided by operating activities d. $42,400 provided by operating activities e. $20,850 provided by operating activities