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A company generated net income ( earnings ) , after taxes, of $ 1 4 million this year. The company paid an interest expense of

A company generated net income (earnings), after taxes, of $14 million this year. The company paid an interest expense of $1.2 million, a depreciation expenditure of $4.2 million, and invested $4.5 million in new long-term assets. The company also spent $2 million acquiring additional inventory (i.e. its inventory went up by $2 million this year) and it paid $1 million in cash dividends. Assuming no other changes in net working capital, what was the company's cash flow from assets this year?

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