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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

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 $52,000
Accounts payable decreased by 18,000
Accounts receivable increased by 25,000
Inventories increased by 5,000
Depreciation expense was 30,000
Net cash provided by operating activities was:
Select one:
A.
$80,000.
B.
$52,000.
C.
$60,000.
D.
$34,000.
E.
$70,000.

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