Jane Ortiz is the proprietor of a small company. The results of operations for last direct method. year are shown, along with selected balance sheet data. From the information provided, determine the amount of net cash flows provided from operations, using the \begin{tabular}{|c|c|c|}

\hline Cost of goods sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 140,000 & \\

\hline Gross margin . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & & $\$ 60,000$ \\

\hline Operating expenses: & & \\

\hline Wages expense . . . . . . . . . . . . . . . . . . . . . . & $\$ 25,000$ & \\

\hline Utilities expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 1,800 & \\

\hline Rent expense . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 12,000 & \\

\hline Insurance expense . . . . . . . . . . . . . . . . . . . & 3,000 & 41,800 \\

\hline Net income . . . . . . . . & & $\$ 18,200$ \\

\hline & \begin{tabular}{l}

Beginning \\

of Year

\end{tabular} & \begin{tabular}{l}

End of \\

Year

\end{tabular} \\

\hline Accounts receivable (net) . . . . . . . & $\$ 22,000$ & $\$ 25,000$ \\

\hline Inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 35,000 & 30,000 \\

\hline Prepaid insurance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 3,000 & 2,500 \\

\hline Accounts payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 14,000 & 17,000 \\

\hline Wages payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . & 4,000 & 2,000 \\

\hline

\end{tabular}