Selected transactions of Alton Company are listed below. C o to old for cash above parole 2.Bonds payable are issued for cash at a discount interest receivable on a short-term not receivable is collected and is sold for cash at book value 5 Accounts payable are paid in cash 6. Equipment is purchased by signing a year, 10% note payable 7. Cash dividends on common stock are declared and paid. & 100 shares of XYZ common stock are purchased for cash. 9. Merchandise is sold to customers for cash. 10. Bonds payable are converted into common stock. Instructions Classily each transaction as either (a) an operating activity, (b) an investing activity, (c) a financing activity, or (d) a noncash Investing and financing activity. 7. 8. ( ) 5. ( ) 10. ) 6. The following information is available for Redcandys Company: Receipts from customers $215,000 Dividends from stock Investments 3,000 Proceeds from sale of equipment 18,000 Proceeds from issuance of stock 90,000 Payments for inventory 100,000 Payments for operating expenses 78,000 Interest paid 6,000 Taxes paid 4,000 20,000 Dividends paid Instructions Based on the preceding information, compute the net cash provided by operating activities. ETH