Swanton 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.) Swanton's net cash provided by operating activities during 2021 was A. $55,000. B. $60,500. C. $54,000. D. $49,000. Data table Swanton's Income Statement for 2021 Sales revenue Gain on sale of equipment Cost of goods sold Depreciation Other operating expenses Net income *The book value of equipment sold during 2021 was $25,000. $ 195,000 5,500. $ 200,500 116,000 9,500 27,500 153,000 $ 47,500