Statement of Cash Flow Indirect Method Operating activities Net income $10,200 Depreciation expense 3.750 Accounts receivable 1,100 Inventory (2.460) 1.200 Accounts payable Cash flow from operations $13,790 Income Statement Sales Cost of goods sold Depreciation expense Other operating expenses Income taxes expense Net income $118,800 66,600 3,750 22,800 8,100 $17,550 How much cash was paid for inventory in the operating activities section of the statement of cash flow using the direct method? Select one: a. $60,000 O b. $56,550 Oc$55,500 Od. $67,860