Palmer Company's net income last year was $73,000 and cash dividends declared and paid to the company's stockholders totaled $14,000. Changes in selected balance sheet accounts for the year appear below: Increases (Decreases) Debit balances: Accounts receivable $10,000 Prepaid expenses $(3,000) Credit balances: Accumulated depreciation $16,000 Accounts payable $(4,000) Bonds payable $80,000 Based solely on this information, the net cash provided by operations under the indirect method on the statement of cash flows would be: A) $89,000 B) $78,000 C) $68,000 D) $154,000