Olympic, Inc., had the following positive and negative cash flows during the current year: Positive cash flows: Received from customers......................................................$240,000 Interest and dividends............................................................ 50,000 Sale of plant assets................................................................ 330,000 Negative cash flows: Paid to suppliers and employees...........................................$127,000 Purchase of investments....................................................... 45,000 Purchase of treasury stock.................................................... 36,000 Determine the amount of cash provided by or used for operating activities by the direct method