Jackson Company recorded the following cash transactions for the year:

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Jackson Company recorded the following cash transactions for the year:

 

Paid $135,000 for salaries.

Paid $60,000 to purchase office equipment.

Paid $15,000 for utilities.

Paid $6,000 in dividends.

Collected $245,000 from customers.

 

What was Jackson’s net cash provided by operating activities?

 

$110,000

 

$35,000

 

$89,000

 

$95,000
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