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	$	62,000
Accounts payable increased by		28,000
Accounts receivable decreased by		45,000
Inventories decreased by		15,000
Cash dividends paid were		24,000
Depreciation expense was		40,000

Net cash provided by operating activities was:

Multiple Choice

$44,000.

$91,000.

$90,000.

$160,000.

$190,000.