A company's income statement showed the following: net income, $124,000 and depreciation expense, $30,000; and loss on sale of plant assets, $4,000 . An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,400; merchandise inventory increased $18,000; prepaid expenses increased $6,200; and accounts payable increased $3,400. Calculate the net cash provided or used by operating activities.

Group of answer choices

$118,600

$159,200

$146,600

$148,600

$178,600