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

Net Income (accrual basis)	$46,000
Depreciation Expense	$9,500
Decrease in Accounts Payable	$2,550
Decrease in Inventory	$3,050
Increase in Bonds Payable	$10,500
Sale of Common Stock for cash	$30,100
Increase in Accounts Receivable	$4,600

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

$56,500

$59,550

$51,400

$61,900