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Corp. reported EBITDA of $2,496,000 for the fiscal year ended December 31, 2019. During the same period, the company had $158,000 in interest expense, $687,000
Corp. reported EBITDA of $2,496,000 for the fiscal year ended December 31, 2019. During the same period, the company had $158,000 in interest expense, $687,000 in depreciation and amortization expense, and an average corporate tax rate of 25 percent. What was the cash flow to investors from operating activity (CFOA) during 2019? (round to the nearest dollar. )
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