Solution for QID #85663: Star Company provided the following data for the preparation | StudyHelpMe

Star Company provided the following data for the preparation of statement of cash flows for the current year using the direct method: Cash balance, beginning 1,500,000 Cash paid to purchase inventory 7,800,000 Cash received from sale of trading securities 2,500,000 Cash paid for interest 450,000 Cash paid to repay a loan 1,000,000 Cash collected from customers 10,000,000 Cash received from issuance of ordinary shares 1,200,000 Cash paid for dividend 2,000,000 Cash paid for income taxes  1,350,000 Cash paid to purchase trading securities 1,000,000                              What is the net cash provided by operating activities?