Use the Following Information and the Indirect Method to Calculate

Use the following information and the indirect method to calculate the net cash provided or used by operating activities:
$\begin{array}{|l|r|}\hline \text { Cash paid for purchase of plant assets } & \$ 15,000 \\\hline \text { Decrease in interest payable } & 2,000 \\\hline \text { Depreciation expense } & 30,000 \\\hline \text { Gain on retirement of bonds } & 32,000 \\\hline \text { Increase in accounts receivable } & 40,000 \\\hline \text { Loss on sale of plant assets } & 5,000 \\\hline \text { Net Income } & 76,000\\\hline\end{array}$

A) $22,000
B) $117,000
C) $69,000
D) $37,000
E) $91,000