Answer:
Cash Received from customers = $293,000
Cash payments to suppliers = $167,000
Cash flows from operating activities = $460,000
Explanation:
Cash Received from customers is calculated as follows :
Sales                            $310,000
Less Increase in accounts receivable  ($17,000)
Cash Received from customers     $293,000
Cash payments to suppliers  is calculated as follows :
Cost of goods sold                $180,000
Decrease in Inventory               $8,000
Decrease in Payable               ($21,000)
Cash payments to suppliers         $167,000
Cash flows from operating activities is calculated as follows :
Cash Received from customers     $293,000
Cash payments to suppliers         $167,000
Cash flows from operating activities  $460,000