Northport Bottling Company has the following information available for the first six months of 2004.

Cash collected from customers ........$268,000

Cash paid to suppliers ............. 82,500

Cash paid for utilities ............. 20,000

Cash paid for insurance ............. 23,000

Cash paid for equipment ............ 75,000

Cash paid to employees ........... 57,500

Cash paid for interest ............ 9,000

Cash paid for dividends ........... 5,000

Cash received from disposal of equipment ..... 18,500

Determine the cash flow from operating activities for the six-month period.