A company had net income of P230,000. Depreciation expense is P26,000. During the year accounts receivable and inventory increased P15,000 and P40,000, respectively. Prepaid expenses and accounts payable decreased P2,000 and P4,000, respectively. There was also a loss on the sale of equipment of P3,000. Using the indirect method, what is the amount of net cash flows from operating activities on the statement of cash flows?