For the current year. Bloom Cos cash flow from operating activities was ($18,500). During the same period, accounts receivable increased $21,000, inventory decreased $15,000, and accounts payable decreased $19,500. During the year the company also purchased a new piece of equipment for $6,250. If Bloom reported net income of $4,000 and the only other item that affected operating activities was depreciation expense, then how much was Bloom's depreciation expense? O $4.750 O $9.250 O $3,000 $11.000