Majorn Auto Parts Store had net income of $95,000 for the year just ended. Majorn collected the following additional information to prepare its statement of cash flows for the year:

Increase in accounts receivable	$ 130,000
Decrease in inventory	$ 32,000
Decrease in accounts payable	$ 49,000
Increase in retained earnings	$ 43,000
Cash received from sale of building	$ 229,000
Gain on sale of building	$ 61,000
Depreciation expense	$ 46,000

Majorn uses the indirect method to prepare its statement of cash flows. What is Majorn's net cash provided by (used in) operating activities?

Multiple Choice

• $55,000

• $(67,000)

• $227,000

• $321,000