The financial statements of Flathead Lake Manufacturing Company are shown below:

Flathead Lake Manufacturing Company Income Statement 2020

Sales	$10,150,000
Cost of Goods Sold	$5,835,000
Depreciation Expense	$584,000
Gross Profit	$3,731,000
Selling and Administrative Expenses	$3,050,000
EBIT	$681,000
Interest Expense	$285,000
Income Before Tax	$396,000
Taxes	$258,000
Net Income	$138,000

Flathead Lake Manufacturing Company Comparative Balance Sheets

	2020	2019
Cash	$66,000	$43,000
Accounts Receivable	$657,000	$687,000
Inventory	$620,000	$549,000
Total Current Assets	$1,343,000	$1,279,000
Fixed Assets	$2,220,000	$1,553,000
Total Assets	$3,563,000	$2,832,000
Accounts Payable	$326,000	$273,000
Bank Loans	$497,000	$421,000
Total Current Liabilities	$823,000	$694,000
Long-term Bonds	$1,670,000	$,255,000
Total Liabilities	$2,493,000	$1,949,000
Common Stock (200,000 shares)	200,000	200,000
Retained Earnings	$870,000	$683,000
Total Equity	$1,070,000	$883,000
Total Liabilities and Equity	$3,563,000	$2,832,000

Note: The common shares are trading in the stock market for $15 per share

Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's cash flow from operating activities for 2020 was: