Benson Electronics reports net income of $550,000. Depreciation expense is $40,000, accounts receivable increases $10,000, and accounts payable decreases $20,000. Calculate net cash flows from operating activities using the indirect method. (Amounts to be deducted should be indicated with a minus sign.)

BENSON ELECTRONICS
Statement of cash flows (partial)
Cash flows from operating activities
Adjustments to reconcile net income to net cash flows from operating activities
Net cash flows from operating activities