Answer: Option (A) is correct.
Explanation:
Given that,
Cash received from customers = $25,000
Cash received from sale of equipment = $1,000
Interest paid to bank on note = $3,000
Cash paid to employees = $8,000
Net cash provided by operating activities:
= Cash received from customers - Cash paid to employees 8,000 - Interest paid to bank on note 3,000
= $25,000 - $8,000 - $3,000
= $14000
