1.6 Answer Question 16 (5 points) The following information is related to Towson Company's fiscal year 201s Income Statement: Net Income Depreciation Expense Loss on Sale of Plant Assets45,000 Interest Expense S3,000,000 400,000 5,000 Balance Sheet 12/31/17: Increase (Decrease Accounts Payable decrease 40,000 Plant Assets Purchased250,000 Plant Assets- Disposals (100,000) Additional Information: Common Stock exchanged for outstanding Long Term Notes Payable of $125,000 Dividends paid were S30,000 Use this information to determine Towson Company's Net Cash Flows from Operating Activities. If the amount is an outflow then enclose the amount with dollar sign inside of brackets O. Your