Smith, Inc. had $120,000 in cash at year-end 2016 and $95,000 in cash at year-end 2017. The firm invested $225,000 in property, plant, and equipment during 2017 and had cash flow from financing activities totaling $190,000. What was the cash flow from operating activities? If accruals increased by $20,00, receivables and inventories increased by $75,000, and depreciation totaled $20,000, what was the firms net income