The net income reported on the income statement for the current year was $325,000. Depreciation recorded on fixed assets and amortization of patents for the year were $40,000 and $9,000, respectively. Balances of current asset and current liability accounts at the end and at the beginning of the year are as follows:

	End	Beginning
Accounts receivable	108,000	112,000
Inventories	105,000	93,000
Prepaid expenses	6,500	4,500
Accounts payable (merchandise creditors)	89,000	75,000

What is the amount of cash flows from operating activities reported on the statement of cash flows prepared by the indirect method?