Blue Inc., a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The company is currently preparing its statement of cash flows and follows the policy of classifying interest paid as operating cash flows and dividends paid as financing cash flows. The comparative statement of financial position and income statement for Blue as of May 31, 2020, are as follows: BLUE INC. Statement of Financial Position As at May 31 Current assets 2020 2019 Cash $35,310 $21,000 Accounts receivable 81,330 56,130 Inventory 188,620 199,310 Prepaid expenses 8,690 7.680 Total current assets 313,950 284,120 Plant assets 600,500 509,500 Less: Accumulated depreciation 155,000 123,000 Net plant assets 445,500 386,500 Total assets $759,450 $670,620 Current liabilities Accounts payable $119,530 $115,530 Salaries and wages payable 61,290 72,680 Interest payable 25,550 22,910 Total current liabilities 206,370 211,120 Mortgage payable 82,840 108,000 Total liabilities 289,210 319, 120 Shareholders' equity Common shares 335,910 280,000 Retained earnings 134,330 71,500 Total shareholders' equity 470,240 351,500 Total liabilities and shareholders' equity $759,450 $670,620 BLUE INC. Income Statement For the Year Ended May 31, 2020 Sales $ 1,337,820 Cost of goods sold 805,000 Gross margin 532,820 Expenses Salaries and wages expense 204,000 Interest expense 65,600 Other operating expenses 23,700 Depreciation expense 32,000 Total operating expenses 325,300 Operating income 207,520 Income tax expense 65,900 Net earnings $_141,620 The following is additional information about transactions during the year ended May 31, 2020, for Blue Inc., which follows IFRS. 1. Plant assets costing $91,000 were purchased by paying $54,000 in cash and issuing 5,000 common shares. 2. The other expenses relate to prepaid items. 3. In order to supplement its cash, Blue issued 4,000 additional common shares. 4. There were no penalties assessed for the repayment of the mortgage. 5. Cash dividends of $78,790 were declared and paid at the end of the fiscal year. Using the indirect method, calculate only the net cash flow from operating activities for Blue Inc. for the year ended May 31, 2020. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) Net cash V operating activities $