In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available: 39 Net income for the year was Accounts payable increased by Accounts receivable decreased by 29,000 Inventories decreased by Cash dividends paid were $54,000 20,000 0.3R 09 7,000 16,000 Depreciation expense was 24,000 Net cash provided by operating activities was: Multiple Cholce $134,000, O $120,000, O $75,000. O $74,000. O $28,000