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

Income Statement:

Net Income$3,100,000

Depreciation Expense550,000

Loss onSaleof Plant Assets75,000

Interest Expense5,000

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

Accounts Payabledecrease40,000

Plant Assets - Purchased250,000

Plant Assets - Disposals(100,000)

Additional Information:

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

Dividends paid were $30,000

Determine Towson Company's Net Cash Flows from Operating Activities.