Randolph Retail Reported the Following Results During 2017 How Much Is the Company's Net Cash Provided by Operating

Randolph Retail reported the following results during 2017: $\begin{array}{lr}\text { Cash collected from accounts receivable } & \$ 56,000 \\\text { Cash paid to purchase office supplies } & 2,000 \\\text { Cash collected from customers for current period sales } & 98,000 \\\text { Cash paid for dividends } & 12,000 \\\text { Cash paid for inventory acquisitions } & 87,000 \\\text { Cash collected from the issuance of common stock } & 50,000 \\\text { Cash paid to purchase equipment with a 5-year life } & 80,000\end{array}$ How much is the company's net cash provided by operating activities?

A) $23,000
B) $103,000
C) $65,000
D) $53,000