In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
Net income for the year was $ 74,000
Accounts payable decreased by 29,000
Accounts receivable increased by 36,000
Inventories increased by 16,000
Depreciation expense was 52,000
Net cash provided by operating activities was:
(A) $71,000.
(B) $45,000.
(C) $135,000.
(D) $103,000.
(E) $74,000.
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