In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $ 55,000 Accounts payable decreased by 21,000 Accounts receivable increased by 28,000 Inventories increased by 8,000 Cash dividends paid 14,600 Depreciation expense 23,000 Net cash provided by operating activities was:

• $21,000.

• $72,400.

• $129,000.

• $33,000.

• $47,000.