Yokum Company had the following transactions for 20X1:

Collections on accounts receivable $236,250

Payments on inventory ($168,750)

Payments for wages and salaries ($78,750)

Payments of dividends ($11,250)

Depreciation expense ($22,500)

Income taxes paid ($27,000)

Proceed received from sale of equipment ($225,000)

Utilities paid ($6,750)

Interest paid on note to local bank ($5,625)

Proceeds from issuance of common stock ($56,250)

Using the transactions above, compute the net cash flow from operating activities.