40. Fidelity Furnitures net income was $25,000. Accounts receivable decreased by $18,000, merchandise inventory increased by $7,000, accounts payable increased by $4,000, and salaries payable decreased by $3,000. The net cash flow from operating activities using the indirect method is:

a. $57,000

b. $43,000

c. $37,000

d. $15,000