Elmore Company uses the direct method to prepare its statement of cash flows. Refer to the following financial statement information for the year ended December 31, 2017:

Elmore Company

Comparative Balance Sheet

December 31, 2017 and 2016

	2017	2016	Increase (Decrease)
Cash	$37,100	$20,400	$16,700
Accounts Receivable	26,400	30,100	(3,700)
Merchandise Inventory	54,500	27,500	27,000
PP&E, net	126,000	92,000	34,000
Total Assets	$244,000	$170,000	$74,000
Accounts Payable	8,200	12,200	$(4,000)
Accrued Liabilities	6,400	2,400	4,000
Long-term Notes Payable	71,400	80,400	$(9,000)
Total Liabilities	$86,000	$95,000	$(9,000)
Common Stock	$55,000	$3,000	$52,000
Retained Earnings	115,000	78,000	37,000
Treasury Stock	(12,000)	(6,000)	(6,000)
Total Stockholders' Equity	$158,000	$75,000	$83,000
Total Liabilities and Stockholders' Equity	$244,000	$170,000	$74,000

Elmore Company

Income Statement

December 31, 2017 and 2016

	2017	2016
Sales Revenue	$290,100
Interest Revenue	2,200
Gain on Sale of Plant Assets	6,000
Total Revenues and Gains		$298,300
Cost of Goods Sold	148,200
Salaries and Wages Expense	47,100
Depreciation Expenselong dashPlant Assets	16,000
Other Operating Expense	23,700
Interest Expense	3,500
Income Tax Expense	7,800
Total Expenses		246,300
Net Income		$52,000

Use the direct method, to compute the total net cash flow from operating activities. (Accrued Liabilities relate to other operating expense.)