Nordquist Company\'s net income last year was $29,000. The company did not sell

Question

Nordquist Company's net income last year was $29,000. The company did not sell or retire any property, plant, and equipment last year. Changes in selected balance sheet accounts for the year appear below:

Increases
(Decreases)
Asset and Contra-Asset Accounts:
Accounts receivable $19,000
Inventory $(4,700)
Prepaid expenses $14,500
Accumulated depreciation $35,000
Liability Accounts:
Accounts payable $18,500
Accrued liabilities $(9,200)
Income taxes payable $3,800

Based solely on this information, the net cash provided by operating activities under the indirect method on the statement of cash flows would be:
$48,300
$105,900
$86,100
$9,700

Explanation / Answer

19+4.7+14.5+35 =73.2 18.5+9.2+3.8 = 31.5; 73.2-31.5 = 41.7 41.7 -29 = 12.7 is the exact answer but it is not there in the options..

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