For the year ending December 31st 2014 Martha company reports Net income of 23,000 and depreciation expense of 7,000. The Income tax expense for the year ending December 31, 2014 is 20,000

December 31, 2013 December 31, 2014

Cash 25,000 16,000

Accounts Recievable25,00045,000

Inventories 60,000 100,000

fixed Assets 330,000 330,000

Accumulated Depreciation 110,000 101,000

Accounts Payable 6,000 74,000

Wages Payable 4,000 25,000

What is the net cash provided (used) by operating activities for the year ended December 31st 2014. Assume the indirect method is used

A. 23,000

B. 69,000

C. 59,000

D. (20,000)