Bernard, Inc. prepares a statement of cash flows using the visual inspection method. in 2016, Bernard had net income of $54,000. In addition, the following information is available:

Gain on sale of land: $16,000

Decrease in Inventories: $10,000

Amortization of Patents: $4000

Increae in Prepaid Expenses: $3,000

What net cash provided by operating activities should Bernard report in 2016?

A. $46,000

B. $72,000

C. $49,000

D. $50,000

Please explain as well....