The following information is related to Towson Company's fiscal year 2018.

           Income Statement:

                       Net Income                            $3,900,000

                       Depreciation Expense        400,000

                       Loss on Sale of Plant Assets    30,000

                       Interest Expense                           5,000

           Balance Sheet - 12/31/17: Increase (Decrease)

                       Accounts Payable decrease    30,000

                       Plant Assets - Purchased      250,000

                       Plant Assets - Disposals         (100,000)

                       

           Additional Information:

                       Common Stock exchanged for outstanding Long Term Notes Payable of $125,000

                       Dividends paid were $30,000

Use this information to determine Towson Company's Net Cash Flows from Operating Activities. If the amount is an outflow then enclose the amount with dollar sign inside of brackets ( ).