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Chino Company reported net income of $22,500 for the current year. During the year, Inventory...

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Accounting

Chino Company reported net income of $22,500 for the current year. During the year, Inventory decreased by $7,400, Accounts Payable decreased by $8,200, Depreciation Expense was $10,400, and Accounts Receivable increased by $6,900. If the indirect method is used, what is the net cash provided by operating activities?

A.$55,400.

B.$10,900.

C.$41,600.

D.$25,200.

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