Baxter Company reported a net loss of $16,101 for the year ended December 31. During the year, accounts receivable decreased by $4,970, merchandise inventory increased by $11,398, accounts payable increased by $8,218, and depreciation expense of $4,038 was recorded. During the year, operating activities under the indirect method

a.provided net cash of $10,273

b.provided net cash of $16,101

c.used net cash of $10,273

d.used net cash of $16,101