Olympic inc had the following positive and negative cash flows

Olympic inc had the following positive and negative cash flows during the current year

Positive Cash Flows:

Recieved from Customers – $240,000

Interest & Dividends – $50,000

Sale of plant assets – $330,000

Negative Cash Flows

Paid to suppliers and employees – $127,000

Purchase of Investments – $45,000

Purchase of treasury stock – $36,000

Determine the amount of cash used for or provided by for operating activities by the direct method.

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