Jackson Company Recorded the Following Cash Transactions for the Year $\$ 135,000$

question 1

Multiple Choice

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 $\$ 275,000$ from customers. What was Jackson's net cash provided by operating activities?

• A)$125,000
• B)$65,000
• C)$140,000
• D)$119,000

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