A company uses the indirect method for preparing the operating activities section of the statement of cash flows. For the year 20Y6, the company reported depreciation expense on equipment of $70,050, gain on sale of equipment of $2,850 and a Net Income of $247,950. Additionally select comparative balance sheet accounts for years 20Y6 and 20Y5 were as follows: Determine the Cash Flows provided or (used) by operating activities: $334,200 $307,500 $301,800 $326,700