Determining Net Income from Net Cash Flows from Operating Activities

Curwen Inc. reported net cash flows from operating activities of $$357,500$ on its statement of cash flows for a recent year ended December $31.$ The following information was reported in the Cash Flows from $($used for$)$ Operating Activities section of the statement of cash flows, using the indirect method:

$\backslash$table$[[$Decrease in income taxes payable,$$7,700$