As of December 31, 2021, a firm's net income was $92,000 and its net cash flow from operating activities was $101,600. Over the course of 2021, the firm's accounts receivable balance increased by several thousand dollars. Given this information and assuming that the firm uses the indirect method and the only other asset and liability is accounts payable, which of the following statements must be true?

Select answer from the options below

The firm must have seen a significant drop in its accounts payable balance over the course of 2021.

Based on these figures, we cannot make any conclusions about how the firm's accounts payable balance must have changed during 2021.

The firm's accounts payable balance likely held steady over the course of 2021.

The firm must have seen a significant increase in its accounts payable balance over the course of 2021.