In preparing a company's statement of cash flows for the most recent year using the indirect method, the following information is available:

Net income for the year was	$	67,000
Accounts payable increased by		33,000
Accounts receivable decreased by		55,000
Inventories decreased by		20,000
Cash dividends paid were		29,000
Depreciation expense was		50,000

Net cash provided by operating activities was: