The following information is available from Hoyt Corp.'s accounting records for the current
year:
Cash received from customers $950,000
Cash paid to suppliers and employees 620,000
Taxes paid 120,000
Purchase of Ramsey, Inc., bonds (par value $100,000) 90,000
Amortization of discount on bonds receivable 1,000
Cash dividends paid 20,000
In Hoyt's current-year cash flow statement, the reported net cash provided by operating
activities should be
A
$210,000
B $190,000
C
$330,000
D $189,000