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Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following incomestatement: Kentucky Company Income Statement Year Ended December31,

Kentucky Company uses the indirect method to prepare the statement of cash flows. Refer to the following incomestatement:

Kentucky Company

Income Statement

Year Ended December31, 2025

Sales Revenue

$246,000

Interest Revenue

2,000

Gain on Sale of Plant Assets

5,700

Total Revenues and Gains

$253,700

Cost of Goods Sold

121,000

Salary Expense

44,000

Depreciation Expense

12,000

Other Operating Expenses

23,000

Interest Expense

1,800

Income Tax Expense

5,400

Total Expenses

207,200

Net Income(Loss)

$46,500

Additional information provided by the company includes thefollowing:

1. Currentassets, other thancash, increased by $24,000.

2. Current liabilities decreased by $1,300.

Compute the net cash provided by(used for) operating activities.

A.

$27,500

B.

$12,700

C.

$21,200

D.

$33,200

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