7. GJ Company, a manufacturer, has provided the following information pertaining to its recent year of operation: Net income, $500,000 Accounts payable decreased $42,000 Prepaid assets increased $31,000 Depreciation expense was $53,000 Accounts receivable decreased $41,000 Loss on sale of a depreciable asset was $31,000 Wages payable increased $19,000 Unearned revenue decreased $31,000 Patent amortization expense was $5,000 Using the indirect method, how much was GJ's net cash provided by operating activities? O $463000o O $514,000 $607,000 $545,000