A company reported net income for the most recent year of $188,000. The company's income tax liability rose during the year by $12,000 and its deferred tax liability decreased by $3,000. At the same time, the company's interest payable went up by $8,000 and its discount on bonds payable decreased by $7,000. Based on this information, what amount of cash did the company generate from its operating activities?

• A.

  212,000

• B.

  179,000

• C.

  180,000

• D.

  184,000