A company's Income statement showed the following: net Income,, $133,000; depreciation expense, $39,500; and gain on sale of plant assets, $13,500. An examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,300; merchandise Inventory Increased $27,500; prepaid expenses increased $8,100; accounts payable Increased $5,300. Calculate the net cash provided or used by operating activities.
Multiple Cholce
A. $156,200
B. $161,000.
C. $140,000
D. $182,200.
E. $154,200