Meyer Company reported net income for the year of $30,000. During the year, accounts receivable increased by $7,000, accounts payable decreased by $3,000, and depreciation expense of $5,000 was recorded. Also, equipment was purchased for $40,000 cash. Using the indirect method, net cash provided by operating activities for the year is a. $25,000 b. $45,000. c. $65,000. d. $39,000