During 2020 the GY Company had a net income of $100,000. In addition, selected accounts showed the following changes: Inventory $4,000 decrease Accounts payable $3,000 increase Buildings $40,000 increase Gain on disposal of equipment $1,000 Bonds payable $8,000 increase What was the amount of cash provided by operating activities?

Select one:

a. 92,000

b. 108,000

c. 94,000

d. 106,000

please explain how to solve this problem. thank you