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Presented here are cash flows (in $ Millions) for Valley Mills Enterprises' most recent fiscal year. Cash received from: Customers $2,500 Interest on investments 300

Presented here are cash flows (in $ Millions) for Valley Mills Enterprises' most recent fiscal year.

Cash received from:
Customers $2,500
Interest on investments 300
Sale of old equipment 250
Sale of company's capital stock 800
Long-term debt proceeds 1,700
Cash paid for:
Interest on debt $300
Income tax 130
Principal payments on debt 900
Purchase of building 5,000
Purchase of inventory 1,800
Dividends on capital stock 400
Operating expenses 825

Net cash flows provided (used) by operating activities (direct method) are ________.

($255)

($525)

($755)

$570

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