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The following information is available for Snider Company:                   Receipts from customers      ...

The following information is available for Snider Company:                  
Receipts from customers           $190,000       
Dividends from stock investments           3,000      
Proceeds from sale of equipment           18,000      
Proceeds from issuance of stock           90,000      
Payments for goods           100,000      
Payments for operating expenses           75,000      
Interest paid           5,000      
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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