The data given below are from the accounting records of the Kuhn Corporation:

Net Income (accrual basis)	$ 59,000
Depreciation Expense	$ 16,000
Decrease in Accounts Payable	$ 3,200
Decrease in Inventory	$ 3,700
Increase in Bonds Payable	$ 17,000
Sale of Common Stock for cash	$ 31,400
Increase in Accounts Receivable	$ 5,900

Based on this information, the net cash provided by (used in) operating activities using the indirect method would be:

Multiple Choice

• $76,000

• $79,700

• $69,600

• $86,600