Cinno Company Reported Net Income of $20,000 for the Year

Multiple Choice

Cinno Company reported net income of $20,000 for the year ended December 31,2014.During the year,inventories decreased by $7,000,accounts payable decreased by $8,000,depreciation expense was $10,000,and accounts receivable increased by $6,500.Net cash provided by operations in 2014,computed using the indirect method was:

A) $10,500.
B) $22,500.
C) $38,500.
D) $51,500.