Pharoah Company reported a net loss of $18600 for the year ended December 31, 2022. During the year, accounts receivable decreased $9300, inventory increased $14880, accounts payable increased by $18600, and depreciation expense of $11160 was recorded. During 2022, operating activities

used net cash of $13020.

used net cash of $5580.

provided net cash of $13020.

provided net cash of $5580.