In 20X6, XYZ Corporation borrowed $127,000, paid dividends of $35,600, issued 11,000 shares for $49 per share, purchased land for $258,000, and received dividends of $25,000. Net income was $166,000, and depreciation for the year totaled $8,900. How much should be reported as net cash provided by operating activities by the indirect method? O A. $233,000 O B. $174,900 O C. $212,600 OD. $157.100