Klutz Dance Studio had net income of $201,000 for the year just ended. Klutz collected the following additional information to prepare its statement of cash flows for the year: Decrease in accounts receivable Increase in accounts payable Increase in retained earnings Cash paid for purchase of new music equipment Depreciation expense $ 32,500 $ 19,500 $ 109,000 $ 28,500 $ 6,700 Klutz uses the indirect method to prepare its statement of cash flows. What is Klutz's net cash provided by (used in) operating activities? Multiple Choice Multiple Choice O $120,500 $155,700 $247,900 .... $259,700