Dansko Integrated

Income Statement

January $1$ to December $31,2023$

$($amounts in thousands$)$

Revenue $8,500$

Cost of Goods Sold $($COGS$)2,550$

Gross Income $5,950$

Sales, General, & Administrative Expenses $($SG&A$)1,700$

Depreciation Expense $800$

Other Expenses $500$

Earnings Before Interest & Taxes $($EBIT$)2,950$

Interest $90$

Pre$-$Tax Income $2,860$

Income Taxes $1,144$

Net Income $1,716$

Between January $1$ and December $31,2023$:

$1.$ Accounts Receivable decrease by $$400,000$

$2.$ Accounts Payable increase by $$900,000$

$3.$ Gross Property, Plant, & Equipment increase by $$6,700,000$

$4.$ Long Term Debt decreases by $$200,000$

Assume no other changes

What is the Net Cash Flow?