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Baxter Company reported a net loss of $14,991 for the year ended December 31. During...

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Accounting

Baxter Company reported a net loss of $14,991 for the year ended December 31. During the year, accounts receivable decreased by $5,432, merchandise inventory increased by $11,492, accounts payable increased by $9,769, and depreciation expense of $4,496 was recorded. During the year, operating activities under the indirect method

a.used net cash of $6,786 b.provided net cash of $14,991 c.used net cash of $14,991 d.provided net cash of $6,786

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