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Binks Family Company reported sales revenue of $120,000, cost of goods sold $40,000, selling and marketing expense $20,000, depreciation expense $10,000, gain from sale of

Binks Family Company reported sales revenue of $120,000, cost of goods sold $40,000, selling and marketing expense $20,000, depreciation expense $10,000, gain from sale of equipment $5,000, and net income of $55,000 for 2012. The comparative Balance Sheet shows the balance of the following accounts:

12/31/2012 12/31/2011
Accounts Receivable $60,000 $48,000
Prepaid Rent 40,000 45,000
Deferred Revenue 35,000 32,000
Accounts Payable 28,000 33,000

What is the net cash provided by operating activities for 2012?

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