The following information is available from the financial statements of Glencoe Corporation for the year ended December 31: 

Net income $200,000 

Increase in accounts payable $5,000 

Depreciation expense $10,000 

Payment of dividends $2,500 

Decrease in accounts receivable $7,500 

Increase in inventories $5,000 

Decrease in income taxes payable $10,000

1. 
   
2. What are Glencoe Corporation's cash flows from operating activities?