Question - Webster manufacturing company recorded the following cash transactions for the year:
paid 45K for salaries
paid 20K to purchase forklift equipment
paid 5K for utlities
paid 2K for income taxes
collected 75K from customers
What was webster's net cash provided by operating activities on the statement of cash flows?
A. 3,000
B. 30,000
C. 25,000
D. 23,000
E. 20,000