Nollaney Corp. had $59,000 in cash at the end of 2020 and $72,000 at the end of 2021. The firm invested a total of $259,000 in property, plant, and equipment. Total cash flow from financing activities was +$240,000.

Part 1: What was the cash flow from operating activities? (Use negative number for cash outflows or decrease in cash)

Part 2: If accounts receivable and inventories increased by $85,000 (in total) during 2021, accounts payable increased by $14,000 during 2021, and the amount of depreciation was $68,000 during 2021, what was the firm's net income?