Baxter Company reported a net loss of $17,042 for the year ended December 31. During the year, accounts receivable decreased by $4,114, merchandise inventory increased by $10,800, accounts payable increased by $8,988, and depreciation expense of $4,809 was recorded. During the year, operating activities under the indirect method a. used net cash of $17,042 O b. provided net cash of $9,931 O c. provided net cash of $17,042 Od. used net cash of $9,931

Baxter Company reported a net los5 of $12,042 for the year ended December 31 . During the year, accounts receivable decreased by $4,114 merchandise inventory increased by $10,600, accounts payable increased by $8,988, and depreciation expense of $4,809 was cecorded. During the vear, operating activities under the indirect method 2. used net cash of 527.042 b. provided net eath of 39.931 c. provided net cath af $17042 d. uied net canh of $9.931