3. Hilton Company reported net income of $30,000 for the year. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000 and depreciation expense of $5,000 was recorded. Using the indirect method, net cash provided by operating activities for the year is:

	$25,000.
	$45,000.
	$29,000.
	$30,000.