Balance Sheet (all $ in thousands) Cash Accounts receivable Prepaid insurance Property, plant & equipment Less: Accumulated depreciation Payables for selling & admin expenses Interest payable Note payable Income taxes payable Common stock Retained earnings 2020 Income Statement ($ in thousands) Sales revenue Depreciation expense Salary Expense Interest expense Selling & administrative expenses Income before taxes Income tax expense Net income 12/31/20 12/31/19 $725 $575 300 370 150 0 2,100 (1,000) $2,275 100 50 75 255 625 1,170 $2,275 275 125 5 3,595 1,650 (725) $1,870 170 55 25 205 525 890 $1,870 $5,000 1,000 300 $700 Required: What is net cash flows from operating activities?

Required: What is net cash flows from operating activities