Crane Company's balance sheet accounts as of December 31, 2018 and 2017 and information relating to 2018 activities are presented below.

	December 31,
	2018		2017
Assets
Cash	$ 438000		$ 198000
Short-term investments	598000
Accounts receivable (net)	1000000		1000000
Inventory	1360000		1180000
Long-term investments	398000		598000
Plant assets	3380000		1980000
Accumulated depreciation	(898000)		(898000)
Patent	178000		198000
Total assets	$6454000		$4256000
Liabilities and Stockholders' Equity
Accounts payable and accrued liabilities	$1640000		$1420000
Notes payable (nontrade)	578000
Common stock, $10 par	1580000		1380000
Additional paid-in capital	798000		498000
Retained earnings	1858000		958000
Total liabilities and stockholders' equity	$6454000		$4256000

Information relating to 2018 activities: Net income for 2018 was $1480000. Cash dividends of $598000 were declared and paid in 2018. Equipment costing $980000 and having a carrying amount of $318000 was sold in 2018 for $358000. A long-term investment was sold in 2018 for $318000. There were no other transactions affecting long-term investments in 2018. 20000 shares of common stock were issued in 2018 for $25 a share. Short-term investments consist of treasury bills maturing on 6/30/19. Net cash provided by Cranes 2018 operating activities was