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	$	60,000
Accounts payable increased by		18,800
Accounts receivable decreased by		25,800
Inventories increased by		6,600
Depreciation expense was		32,400

Net cash provided by operating activities was:

• $92,000.

• $130,400.

• $65,600.

• $78,800.

• $143,600.