Royce Company had the following transactions during the fiscal year ended December 31, 20X1:

Accounts receivable decreased from $115,000 on December 31, 20X0 to $100,000 on December 31, 20X1. Royce's board of directors declared dividends on December 31, 20X1 of $0.05 per share on the 2.8 million shares outstanding, payable to shareholders of record on January 31, 20X2. The company did not declare or pay dividends for fiscal 20X0. Sold a truck with a net book value of $7,000 for $5,000 cash, reporting a loss of $2,000. Paid interest to bondholders of $780,000. The cash balance was $106,000 on December 31, 20X0 and $284,000 on December 31, 20X1. The total of cash provided/used by operating activities plus cash provided/used by investing activities plus cash provided/used by financing activities is A. cash used of $582,000. B. equal to net income reported for fiscal year ended December 31, 20X1. C. cash provided of $178,000.correct D. cash provided of $284,000