In Preparing a Company's Statement of Cash Flows for the Most

In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:
1.
$\begin{array}{ll}\text { Net income for the year was } & \$ 52,000 \\\hline \text { Accounts payable decreased by } & \$ 18,000 \\\hline \text { Accounts receivable increased by } & \$ 25,000 \\\hline \text { Inventories increased by } & \$ 5,000 \\\hline \text { Cash dividends paid were } & \$ 14,000 \\\hline \text { Depreciation expense was } & \$ 20,000\end{array}$

Net cash provided by operating activites was:
A) $\$ 120,000$ .
B) $\$ 70,000$ .
C) $\$ 110,000$
D) $\$ 24,000$ .
E) $\$ 71,000$