Sheffield Inc., a major retailer of bicycles and accessories, operates several stores and is a publicly traded company. The company is

currently preparing its statement of cash flows and has adopted the policy of classifying interest paid as operating activities and

dividends paid as financing activities. The comparative statement of financial position and income statement for Sheffield as at May $31,$

$2023,$ are as follows:

The following is additional information about transactions during the year ended May $31,2023,$ for Sheffield, which follows IFRS.

Plant assets costing $$91,000$ were purchased by paying $$55,000$ in cash and issuing $5,000$ common shares.

The "other expenses" relate to prepaid items.

To supplement its cash, Sheffield issued $4,000$ additional common shares.

There were no penalties assessed for the repayment of the mortgage.

Cash dividends of $$78,680$ were declared and paid at the end of the fiscal year.

Using the indirect method, calculate only the net cash flow from operating activities for Sheffield for the year ended May $31,2023.$

$($Show amounts that decrease cash flow with either a negative sign e$.$g$.-15,000$ or in parenthesis e$.$g$.(15,000).)$

Net cash

operating activities $