Net income reported in the income statement for the current year was $325,000. The depreciation registered in fixed assets and the amortization of patents in the year were $40,000 and $9,000, respectively. The balances of the current asset and current liability accounts at the end and beginning of the year are as follows:

	Fin	Beginning
accounts receivable	108,000	112,000
inventories	105,000	93,000
Prepaid expenses	6,500	4500
Accounts payable (merchandise creditors)	89,000	75,000

What is the amount of cash flows from operating activities reported in the statement of cash flows prepared by the indirect method ?