In preparing a company's statement of cash flows using the indirect method, the following information is available: Net income $58,500 Accounts payable 11,500 decreased by Accounts receivable 28,500 increased by Inventories 8,500 decreased by Cash 14,700 dividends paid Depreciation 23,500 expense Net cash provided by operating activities was: O $20,500 O $50,500 O $72,800 O $47,500