The following information has been provided to you by RKJ Company:

Net income	$	306,000
Decrease in accounts payable	$	116,400
Increase in inventory	$	25,000
Increase in accounts receivable	$	25,800
Decrease in bonds payable	$	26,200
Loss on sale of a depreciable asset	$	19,600
Depreciation expense	$	43,000
Decrease in income taxes payable	$	13,200

Using the indirect method, what is the net cash provided by operating activities?

Multiple Choice

• $205,400.

• $231,600.

• $188,200.

• $168,600.