with complete solutions, journal entry (if ever) and answer.

Lax Company provided the following information during the current year: Dividend received Dividend paid Cash received from customers Proceeds from issuing share capital Interest received Proceeds from sale of long term investments Cash paid to suppliers and employees Interest paid on long term debt Income taxes paid Cash balance, January 1 500,000 1,000,000 9,000,000 1,500,000 200,000 2,000,000 6,000,000 400,000 300,000 1,800,000 What is the net cash provided by operating activities for the current year using the direct method? 2,700,000 3,000,000 3 2,000,000 3,300,000