Smith Corporation formats operating cash flows using the indirect method. (Click the icon to view the income statement.) Click the icon to view the balance sheet. Smith's net cash flow from financing activities for 2018 was (assume no stock dividends were distributed O A. net cash used of $58,500. OB. net cash used of $40,000. O c. net cash provided of $9,000. O D. net cash used of $33,000. - X Data Table Smith's Income Statement for 2018 $ $ 195,500 $ Sales revenue Gain on sale of equipment Cost of goods sold Depreciation Other operating expenses Net income The book value of equipment sold during 2018 was $19,000. 190,000 5,500 116,000 6,000 23,500 145,500 $ 50,000 i Data Table Smith's Comparative Balance Sheets December 31, 2018 and 2017 2018 2017 2018 2017 Cash $ 7,000 $ 10,000 1,000 $ 9,000 $ Accounts payable Accrued liabilities 8,000 counts receivable 10,500 2,000 7,500 Common stock 9,000 13,000 Inventory Plant and equipment, net 12,000 74.000 18,000 84,500 76,500 92,000 Retained earnings $ 119,500 $ 97,500 $ 97,500 119,500 $