Accounts receivable was $35,000 at the beginning of the year, and $40,000 at the end of the year. Accounts payable were $3,500 at the beginning of the year, and $2,000 at the end of the year. Net income reported on the income statement for the year was $120,000, there were no gains or losses, and depreciation expense was $6,500. If there were no other current assets or current liabilities, the cash flow provided (used) by operating activities, prepared using the indirect method, is: Select one: a. $120,000 b. $107,000 c. $155,000 d. $124,000