Neil Brown is the proprietor of a small company. The results of operations for last 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 directmethod.

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Sales revenue Cost of goods sold. Gross margin. Operating expenses: Wages expense Utilities expense Rent expense. Insurance expense Net income $510,000 320,000 $190,000 S 75,000 2,500 35,400 6,900 119,800 5 70,200 Beginning of Year End of Year Accounts receivable (net) Inventory. Prepaid insurance. Accounts payable. Wages payable. $39,000 39,000 1,800 19,000 8,800 $42,000 38,000 2,200 16,000 10,000