Novak Corp.'s net income for the current year was $622000. Depreciation recorded on plant assets was $93000. Accounts receivable and inventories increased by $49000 and $20000, respectively. Supplies and accounts payable decreased by $2000 and $39000, respectively. A $500,000 convertible bond was retired through the issuance of common stock. How much cash was provided by operating activities?

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