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 Accounts payable increased by Accounts receivable decreased by Inventories decreased by Cash dividends paid were Depreciation expense was $54, 000 20,000 29,000 7,000 16,000 24,000 Net cash provided by operating activities was: Multiple Choice $120,000 $74,000. $28,000 $134,000. O