The following information is available for Snider Company:

Receipts from customers $180,000

Dividends from stock investments 3,000

Proceeds from sale of equipment 18,000

Proceeds from issuance of stock 100,000 Payments for goods 90,000

Payments for operating expenses 70,000

Interest paid 5,000

Taxes paid 4,000 Dividends paid 20,000

Instructions Based on the preceding information, compute the net cash provided by operating activities.