Net Income $40,000 Increase in accounts payable $9,000 Depreciation expense $15,000 Acquisition of equipment $25,000 Payment of dividends $1,000 Sale of treasury stock $6,000 Increase in accounts receivable $3,000 Payment of long-term debt $13,000 Collection of long-term notes receivable $11,000 Proceeds from the sale of land $42,000 Loss on sale of land $10,000 Decrease in inventories $6,000 19. Under the indirect method, net cash provided by operating activities is: A) $94,000 B) $97,000 C) $77,000 D) $71,000 20. Under the indirect method, net cash provided by (used for) investing activities