Anew Health Care Company Reports Net Income of $220,000 and Depreciation

Multiple Choice

Anew Health Care Company reports net income of $220,000 and Depreciation Expense of $16,000 for the year ending December 31,2019.No long-term assets were sold or exchanged during 2019.They also have the following data available: Using the indirect method,what is the net cash provided by operating activities for the year ending December 31,2019?

A) $72,000
B) $104,000
C) $132,000
D) $208,000