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Majorn Auto Parts Store had net income of $98,000 for the year just ended. Majorn collected the following additional information to prepare its statement of

Majorn Auto Parts Store had net income of $98,000 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 $ 136,000
Decrease in inventory $ 35,000
Decrease in accounts payable $ 52,000
Increase in retained earnings $ 46,000
Cash received from sale of building $ 232,000
Gain on sale of building $ 64,000
Depreciation expense $ 49,000

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

$(70,000)

$330,000

$236,000

$58,000

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