For the year ended December 31,2016,Carsom Company had cash collections from customers of $220,000,cash paid to employees of $32,000,cash paid to suppliers of $100,000,cash used to retire long-term bonds of $32,000,and cash payments for dividends of $20,000.Based on this information,the amount of cash provided by operating activities for 2016 is:

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The Answer of For the year ended December 31,2016,Carsom Company had cash collections from customers of $220,000,cash paid to employees of $32,000,cash paid to suppliers of $100,000,cash used to retire long-term bonds of $32,000,and cash payments for dividends of $20,000.Based on this information,the amount of cash provided by operating activities for 2016 is:

For the Year Ended December 31,2016,Carsom Company Had Cash Collections