Problem:
W.C. Cycling had $42,000 of cash at year-end 2011 and $18,000 in cash at year-end 2012. The firm invested in property, plant, and equipment totaling $270,000. Cash flow from financing activities totaled +$130,000. Round your answers to the nearest dollar, if necessary.
Required:
Question: What was the cash flow from operating activities?
Note: Be sure to show how you arrived at your answer.