Appleseed Ltd. reported net income of $12,000 for the year. During the year, accounts receivable decreased $4,000, inventory increased $5,000, accounts payable increased by $2,000, and depreciation expense of $4,000 was recorded. Using the indirect method, operating activities: Select one: a. provided net cash of $17,000 b. used net cash of $5,000 c. provided net cash of $5,000 d. provided net cash of $13,000