GJ Company, a manufacturer, has provided the following information pertaining to its recent year of operation:

• Net income, $550,000
• Accounts payable decreased $47,000
• Prepaid assets increased $36,000
• Depreciation expense was $58,000
• Accounts receivable decreased $46,000
• Loss on sale of a depreciable asset was $36,000
• Wages payable increased $21,500
• Unearned revenue decreased $36,000
• Patent amortization expense was $7,500

Using the indirect method, how much was GJ's net cash provided by operating activities?

$564,000

$500,000

$672,000

$600,000