Hogan Company had the following account balances for 2018:

	Dec. 31			Jan. 1
Accounts receivable	$	42,500		$	33,000
Accounts payable		63,000			55,000
Prepaid insurance		16,500			9,500

Hogan reported net income of $360,000 for 2018. Assuming no other changes in current account balances, what is the amount of net cash provided by operating activities for 2018 reported in the statement of cash flows?