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A company's income statement showed the following: net income, $129,000; depreciation expense, $32,500; and gain on sale of plant assets, $6,500. An examination of the

A company's income statement showed the following: net income, $129,000; depreciation expense, $32,500; and gain on sale of plant assets, $6,500. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $9,900; merchandise inventory increased $20,500; prepaid expenses increased $6,700; accounts payable increased $3,900. Calculate the net cash provided or used by operating activities.

$145,000.

$149,800.

$171,000.

$141,600.

$143,000.

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