Assume May Co. is preparing the operating section using the indirect method. May Co. reported a net income of $243,000 for the year and had the other following items: A decrease in accounts receivable: $18,000 Increase in common stock from cash issuance: $10,000 Increase in additional paid-in capital from cash issuance: a $60,000 Increase in inventory: $8,000 Increase in plant assets from purchase of land for cash: $50,000 Decrease in accounts payable: $10,000 Gain on sale of equipment: $7,000 Depreciation expense: $15,000 Calculate May Co's net cash flow from operating activities.