The Following Information Is Available for Redcands Company Instructions
Based on the Preceding Information, Compute the Net Cash

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