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Kraft Foods Co. recorded the following cash transactions for the year: Paid $180,000 for salaries. Paid $90,000 to purchase office equipment. Paid $20,000 for utilities.

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Kraft Foods Co. recorded the following cash transactions for the year: Paid $180,000 for salaries. Paid $90,000 to purchase office equipment. Paid $20,000 for utilities. Paid $10,000 in dividends. Collected $350,000 from customers. What is the company's net cash provided by operating activities on its statement of cash flows? $170,000 $60,000 $150,000 $140,000

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