A company had net income of $125,000. Depreciation expense is $15,000. During the year, Accounts Receivable and Inventory decreased $10,000 and $20,000, respectively. Prepaid Expenses and Accounts Payable increased $2,000 and $4,000, respectively. There was also a gain on the sale of equipment of $3,000. How much cash was provided by operating activities? (assume that the company uses the indirect method)

a. $140,000

b. $113,000

c. $161,000

d. $169,000

e. none of the above