Sheffield Company reported net income of $478000 for the year ended 12/31/25. Included in the computation of net income were the following: depreciation expense, $59300; amortization of a patent, $32000; income from an investment in the common stock of Grouper Inc., accounted for under the equity method, $48500; and amortization of bond discount, $11000. Sheffield also paid an $80100 dividend during the year. The net cash provided by operating activities would be reported at