Bonita Industries's balance sheet accounts as of December 31, 2021 and 2020 and information relating to 2021 activities are presented below. December 31, 2021 2020 Assets Cash $ 442000 $ 200000 Short-term investments 601000 — Accounts receivable (net) 1020000 1020000 Inventory 1360000 1180000 Long-term investments 398000 600000 Plant assets 3410000 2000000 Accumulated depreciation (902000) (902000) Patent 178000 199000 Total assets $6507000 $4297000 Liabilities and Stockholders' Equity Accounts payable and accrued liabilities $1680000 $1460000 Notes payable (nontrade) 581000 — Common stock, $10 par 1638000 1410000 Additional paid-in capital 799000 498000 Retained earnings 1809000 929000 Total liabilities and stockholders' equity $6507000 $4297000 Information relating to 2021 activities:
• Net income for 2021 was $1480000.
• Cash dividends of $600000 were declared and paid in 2021.
• Equipment costing $1020000 and having a carrying amount of $318000 was sold in 2021 for $358000.
• A long-term investment was sold in 2021 for $318000. There were no other transactions affecting long-term investments in 2021.
• 22800 shares of common stock were issued in 2021 for $25 a share.
• Short-term investments consist of treasury bills maturing on 6/30/22.
Net cash provided by Bonita’s 2021 operating activities was
a. $2167000.
b. $1480000.
c. $2127000.
d. $2087000.