In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:

Net income for the year was	$	55,000
Accounts payable increased by		18,300
Accounts receivable decreased by		25,300
Inventories increased by		5,600
Depreciation expense was		30,900

Net cash provided by operating activities was:

Multiple Choice

• $84,500.

• $135,100.

• $123,900.

• $62,100.

• $73,300.