Hampton Industries had $48,000 in cash at year-end 2017 and $13,000 in cash at year-end 2018. The firm invested in property, plant, and equipment totaling $240,000. Cash flow from financing activities totaled +$100,000. Round your answers to the nearest dollar, if necessary.

1. What was the cash flow from operating activities? Cash outflow, if any, should be indicated by a minus sign. $ _____
2. If accruals increased by $5,000, receivables and inventories increased by $170,000, and depreciation and amortization totaled $55,000, what was the firm's net income? $ ______