Answer:
$47,000
Explanation:
Computation for the net cash flows from operating activities using the indirect method.
CASH FLOWS FROM OPERATING ACTIVITIES: 
Net income	$28,000	
Adjustments to reconcile net income to 
Net cash provided by operating activities 
Depreciation expense	$15,000	
Increase in Accounts Receivable	-$2,500	($8,000-$10,500)
Decrease in inventory	$3,000	
($21,000-$18,000)
Increase in accounts payable $5,000
(15000-10000)
Decrease in income taxes payable	-$1,500	($1,000-$2,500)
Net cash flows from operating activities	$47,000
Therefore the net cash flows from operating activities using the indirect method is $47,000