Using the indirect method, calculate the amount of cash flows from operating activities from the following data:

Net income $230,000

Beginning accounts receivable 22,000

Ending accounts receivable 26,000

Beginning prepaid expenses 5,000

Ending prepaid expenses 2,000

Beginning accounts payable 15,000

Ending accounts payable 14,000

Depreciation expense 55,000

Amortization of intangible asset 3,000

Dividends declared and paid 11,000