Edmund Corp

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Edmund Corp. reported net income for calendar 2018 of $300,000. Additional information follows:

Depreciation on property, plant and equipment ..........$150,000

Bad debts expense..................................................... 55,000

Purchase of equipment............................................... 25,000

Interest paid on long-term bonds ................................15,000

Loss on sale of equipment..........................................85,000

Based on the above information, the cash provided by operating activities (indirect method) for calendar 2018 is
a) $565,000.
b) $590,000.

c) $605,000.

d) $630,000.