Madison Corp. reported the following in the Current Assets section of its comparative balance sheets:

.................................................December 31, 2017 ........December 31, 2016

Current Liabilities:

Current portion of notes payable ............$400,000 ......................$600,000

Supplemental information at the bottom of Madison's 2017 statement of cash flows was as follows:

.................................................................2017 ............................2016

Interest paid ...................................$135,000 .......................$155,000

Income taxes paid ............................550,000 ........................425,000

Madison's 2017 debt service coverage ratio was 20 to 1. Determine Madison's cash flow from operations for 2017.