During the year, a company issues common stock for $100,000 and repays previously borrowed amounts of $75,000. In addition, the company collects $200,000 from customers, pays dividends of $10,000 to stockholders, pays the manager a salary of $75,000, pays landlord rent of $20,000 and pays interest of $7,000 to creditors, sells old equipment for $150,000 and land for $200,000. Determine the amount of operating cash flows the company would report in the current year.

During the year, a company issues common stock for $100,000 and repays previously borrowed amounts of $75,000. In addition, the company collects $200,000 from customers, pays dividends of $10,000 to stockholders, pays the manager a salary of $75,000, pays landlord rent of $20,000 and pays interest of $7,000 to creditors, sells old equipment for $150,000 and land for $200,000. Determine the amount of operating cash flows the company would report in the current year