QUESTION 3 Adam Company reported a net income of $8,000 for the year ended December 31, 2021. During the year, accounts receivable increased $15,000, merchandise inventory decreased $12,000, accounts payable decreased by $20,000, and depreciation expense of $10,000 was recorded. During 2021, operating activities a. provided net cash of $3,000. Ob.used net cash of $5,000. c. used net cash of $15,000. d. used net cash of $2,000.