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Selected changes to Balance Sheet accounts, information from the Income Statement and Details of certain transactions for Hi-Tech Inc. are as follows: $12,000 Cash Payment

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Selected changes to Balance Sheet accounts, information from the Income Statement and Details of certain transactions for Hi-Tech Inc. are as follows: $12,000 Cash Payment of 7,000 Cash Receipts from Sale Depreciation Expense Dividends $ 2,000 Cash Receipts for Sale of Stock Equipment 18,000 Increase in Merchandise Inventory Liabilities 13,000 Cash Purchase of Equipment Income 5,000 Increase in Total Current Net 22.000 52,000 What is the Cash provided by Hi-Tech's Operating Activities? $70,000 $72,000 $62,000 $82,000

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