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Howard Industries' 2018 income statement reported total revenues of $550,000 and total expetises of $515,000 (including $30,000 of depreciation). The 2018 comparative balance shee reported

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Howard Industries' 2018 income statement reported total revenues of $550,000 and total expetises of $515,000 (including $30,000 of depreciation). The 2018 comparative balance shee reported the following: cash-beginning balance, $50,000 and ending balance, $55,000; account receivable-beginning balance, $45,000 and ending balance $60,000; inventory-beginning balance, $58,000 and ending balance, $45,000; Equipment- beginning balance, $225,000 and ending balance, $200,000; accounts payable-beginning balance, $50,000 and ending balance $55,000. In addition to this information, Howard Industries also reported a $10,000 loss on the sale of equipment. Therefore, based only on this information, 2018 net cash inflow from operating activities was

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