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The following information is available for Redcands Company: Receipts from customers $215,000 Dividends from stock...

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Accounting

The following information is available for Redcands Company: Receipts from customers $215,000 Dividends from stock investments 3,000 Proceeds from sale of equipment 18,000 Proceeds from issuance of stock 90,000 Payments for inventory 100,000 Payments for operating expenses 78,000 Interest paid 6,000 Taxes paid 4,000 Dividends paid 20,000 Instructions Based on the preceding information, compute the net cash provided by operating activities.

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