Reference no: EM132344922

Question

Suppose Valley Technology has the following results related to cash flows for 2018:

Net Income of $8,500,000

Decrease in Accounts Payable of $800,000

Increase in Accounts Receivable of $100,000

Decrease in Debt of $1,000,000

Depreciation Expenses of $1,500,000

Dividends Paid of $200,000

Decrease in Inventory of $500,000

Purchases of Property, Plant, & Equipment of $5,700,000

Other Adjustments from Financing Activities of $100,000

Other Adjustments from Investing Activities of $900,000

Other Adjustments from Operating Activities of $600,000

Create a statement of cash flows with amounts in thousands.

What is the Net Cash Flow?