SFP accounts of Cullumber Inc., which follows IFRS, follow:

CULLUMBER INC. Comparative Statement of Financial Position Accounts December 31, 2020 and 2019
		December 31
Debit accounts		2020			2019
Cash		$45,130			$33,800
Accounts receivable		67,000			59,600
Merchandise inventory		29,720			23,700
Long-term FV-NI investments		23,050			40,300
Machinery		29,570			18,250
Buildings		67,680			56,500
Land		7,500			7,500
		$269,650			$239,650
Credit accounts
Allowance for doubtful accounts		$1,665			$915
Accumulated depreciationmachinery		5,525			2,150
Accumulated depreciationbuildings		13,590			9,100
Accounts payable		29,950			24,700
Accrued liabilities		2,275			1,030
Income taxes payable		900			1,400
Long-term note payablenon-trade		25,700			30,700
Common shares		150,000			125,000
Retained earnings		40,045			44,655
		$269,650			$239,650

Additional information: Cullumber Inc. has adopted the policy of classifying interest paid as operating activities and dividends paid as financing activities.

1.		Cash dividends declared during the year were $16,270.
2.		A 20% stock dividend was declared during the year and $25,000 of retained earnings was capitalized.
3.		FV-NI investments that cost $20,400 and had a fair value at December 31, 2019, of $24,350 were sold during the year for $23,260.
4.		Machinery that cost $3,810 and had $750 of depreciation accumulated was sold for $2,160.

Cullumbers 2020 statement of income is as follows:

Sales revenue						$639,000
Cost of goods sold						380,000
Gross margin						259,000
Operating expenses (includes $8,615 depreciation and $5,400 bad debts)						180,350
Income from operations						78,650
Loss on disposal of FV-NI investments			$(1,090	)
Interest expense			(3,000	)
Loss on disposal of machinery			(900	)		(4,990	)
Income before tax						73,660
Income tax expense						37,000
Net income						$36,660

QUESTION: Calculate net cash flow from operating activities using the direct method.

Calculate net cash flow from operating activities using the direct method. (Show amounts that decrease cash flow with either a - sign e.g. -15,000 or in parenthesis e.g. (15,000).) CULLUMBER INC. Statement of Cash Flow