The following information is available for Elm Tree Corporation for the year ended December 31, 2015: Collection of principal on long-term loan to a supplier S25,000 Purchase of equipment for cash 12,000 Proceeds from the sale of long-term investment at carrying 28,000 amount Issue of common shares for cash 23,500 Payment of cash dividends 47,250 Purchase of land by issuing common shares 35,000 In addition, the following information is available from the comparative statements of financial position for Elm Tree Corporation at the end of 2015 and 2014: Cash Accounts receivable Prepaid insurance Total current assets Dec 31,2015 $ 95,900 24,500 13,500 $133,900 Dec 31, 2014 S16,000 21,250 9,000 $46,250 Accounts payable Salaries payable Total current liabilities S36,250 5,100 $41,350 $33,500 8,200 $41,700 Elm Tree Corporation reported a profit of $50,750 and recorded a depreciation expense of $20,000 in the year of 2015. Using the indirect method, determine the net cash provided by operating activities for the year ended December 31, 2015