Deena Increported $32,000 of Cash Provided by Operating Activities and the the Following

Multiple Choice

Deena Inc.reported $32,000 of cash provided by operating activities and the following data: $\begin{array}{|l|r|}\hline \text { Depreciation Expense } & \$ 34,000 \\\hline \text { Increase in accounts payable } & 9,000 \\\hline \text { Increase in wages payable } & 18,000 \\\hline \text { Increase in accounts receivable } & 9,000 \\\hline \text { Decrease in dividends payable } & 2,000 \\\hline\end{array}$ Deena's profit/loss for the period was

A) $30,000 profit
B) $18,000 loss
C) $20,000 loss
D) $36,000 loss