The net income reported on the income statement for the current year was $275,000. 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	begining
cash	$50,000	$60,000
accounts receiveble	112,000	108,000
inventories	105,000	93,000
prepaid expenses	4500	6500
accounts payable	75,000	89,000

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