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21. Paris Inc., runs a scrapyard. During the last year, the company earned Net Income of $3.517M; the company expensed depreciation and amortization of $258K

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21. Paris Inc., runs a scrapyard. During the last year, the company earned Net Income of $3.517M; the company expensed depreciation and amortization of $258K in calculating this number. During the year, the company increased inventory from $441K to $519K, and SPENT $792K on new equipment. The company has no other significant assets or liabilities (it's a scrapyard!). Given these facts, what is your best estimate of the company's cash flow for the year? (6 points)

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