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of The activities of Orange Company for the year ended December 31, 2020 included the following: 0 0 2020's net income after taxes totaled $125,000.

image text in transcribed of The activities of Orange Company for the year ended December 31, 2020 included the following: 0 0 2020's net income after taxes totaled $125,000. Accounts receivable increased by $32,000. Recorded a $10,000 goodwill impairment loss during the year. Inventory decreased by $8,000. Amortization of premium on bonds payable amounted to $3,000. Compensation expense on restricted stock plan amounted to $20,000. Bad debt expense amounted to $4,000. Depreciation expense amounted to $10,000. Gain on sale of equipment amounted to $7,000. Unrealized holding gain on available-for-sale securities amounted to $12,000. How much would be presented as net cash provided by operating activities in the statement of cash flows, using the indirect method? Select one: O a. $111,000 Ob. $129.000 c. $135,000 Od. $123,000

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