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Smithson Corporation had the following selected balance sheet changes for the past year: Assets and contraminusassets Increase / ( Decrease ) Cash $ 4 7

Smithson Corporation had the following selected balance sheet changes for the past year:
Assets and contraminusassets
Increase/(Decrease)
Cash
$47,000
Accounts receivable
$ 12,000
Inventory
$ 18,000
Prepaid expenses
$ (7,200)
Accumulated depreciation
$ 11,300
Liabilities
Increase/(Decrease)
Accounts payable
$ 22,000
Wages payable
$ (17,000)
Taxes payable
$ 10,000
The company's operating income during the year was $ 36,000. What is the net cash provided by operating activities during last year on the statement of cash flows for Smithson Corporation(using the indirect method)?
Question content area bottom
Part 1
A.$ 39 comma 500
$ 39 comma 500
B.$ 96 comma 100
$ 96 comma 100
C.$ 24 comma 000
$ 24 comma 000
D.$ 12 comma 000
$ 12 comma 000

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