Nier Company reported net income for the year of $79,000. Depreciation expense for the year was $28,000. During the year, accounts receivable decreased by $5,000, inventory increased by $8,000, accounts payable decreased by $1,500, and wages payable increased by $5,000. What is the amount of cash provided by or used for operating activities by the indirect method? A. $50,500. B. $51,500. C. $106,500. D. $107,500.