Bonita Company reported net income of $108,000 for the year ended December 31, 2019. During the year, inventories decreased by $15,400, accounts payable decreased by $19,500, depreciation expense was $18,500 and a gain on disposal of equipment of $8,600 was recorded. Net cash provided by operating activities in 2019 using the indirect method was

a). $106200
b). $123400
c). $113800.
d). $122400