The Red Blast Company uses the visual inspection method for completing the statement of cash flows. The following information relates to the Red Blast Company: Increase in accounts receivable $ 80 Increase in bonds payable 1,000 Decrease in inventory 75 Net income 10,000 Amortization of premium on bonds payable 260 Increase in income taxes payable 60 Depreciation expense 2,000 Decrease in
accounts payable 380 ? What is the net cash provided by operating activities?
A) $ 9,065
B) $11,415
C) $11,935
D) $12,415
B
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