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During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable

During 2012 the DLD Company had a net income of $55,000. In addition, selected accounts showed the following changes: Accounts Receivable $3,000 increase Accounts Payable 1,000 increase Building 4,000 decrease Depreciation Expense 1,500 increase Bonds Payable 8,000 increase What was the amount of cash provided by operating activities?

$54,500

$55,000

$56,500

$64,500

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