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	$	58,000
Accounts payable decreased by		21,000
Accounts receivable increased by		28,000
Inventories increased by		8,000
Depreciation expense was		36,000

Net cash provided by operating activities was:

Multiple Choice

• $37,000.

• $63,000.

• $79,000.

• $95,000.

• $58,000.