单选题
Mr. Ting's net cash inflow from operating activities for the year ending 30 June is$123,000. The following adjustments were included in the supplementary schedule reconciling cash flow from operating activities with net income:
Depreciation $38,000
Increase in net accounts receivable 31,000
Decrease inventory 27,000
Increase in accounts payable 48,000
Increase in interest payable 12,000
Net income is ______.
(a)$29,000. (b)$41,000. (c)$79,000. (d)$217,000.