Laser World reports net income of $630,000. Depreciation expense is $48,000, accounts receivable increases $12,000, and accounts payable decreases $28,000. Calculate net cash flows from operating activities using the indirect method. (List cash outflows and any decrease in cash as negative amounts.)

LASER WORLD Statement of Cash Flows (Partial) Cash flows from operating activities \begin{tabular}{|l|l|l|} \hline Net income & & \\ \hline Adjustments to reconcile net income to net cash flows from operating activities: & & \\ \hline Depreciation expense & & \\ \hline \hline Increase in accounts receivable & & \\ \hline Increase in accounts payable & & \\ \hline \hline Net cash flows from operating activities & & $ \\ \hline \end{tabular}