Collins Corporation Reported Net Income of $35,000;depreciation Expenses of $20,000;a

Multiple Choice

Collins Corporation reported net income of $35,000;depreciation expenses of $20,000;a decrease in Accounts Payable of $2,000;and an increase in Accounts Receivable of $3,000.Net cash flow from operating activities using the indirect method is:

A) $55,000.
B) $54,000.
C) $50,000.
D) $56,000.