he net income for the year ended March 31, 2023 for Kersley Company was $72,000. Additional information is shown below. Interest expense on borrowing $8,600 Gain on redemption of bonds $8,600 Decrease in accounts receivable $11,200 Increase in prepaid insurance $3,000 Increase in accounts payable $3,900 Dividends paid to common shareholders $12,000 Calculate the net cash provided (used) by operating activities using the indirect method