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Sunland Company reported net income of $ 1 1 0 0 0 0 for the year ended December 3 1 , 2 0 2 0

Sunland Company reported net income of $110000 for the year ended December 31,2020. During the year, inventories decreased by $15400, accounts payable decreased by $2000, depreciation expense was $17900 and a gain on disposal of equipment of $8800 was recorded. Net cash provided by operating activities in 2020 using the indirect method was
$125400.
$106700.
$123300.
$114500.
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