The following information is related to Towson Company’s fiscal year 2018.

            Income Statement:
                        Net Income                             $3,000,000
                        Depreciation Expense        350,000
                        Loss on Sale of Plant Assets    45,000
                        Interest Expense                            5,000
            Balance Sheet – 12/31/17: Increase (Decrease)
                        Accounts Payable decrease    50,000
                        Plant Assets – Purchased       250,000
                        Plant Assets – Disposals         (100,000)
                       
            Additional Information:
                        Common Stock exchanged for outstanding Long Term Notes Payable of $125,000
                        Dividends paid were $30,000
Use this information to determine Towson Company’s Net Cash Flows from Operating Activities. If the amount is an outflow then enclose the amount with dollar sign inside of brackets ( ).