Fey Enterprises recorded a restructuring charge of $16.2 million during fiscal 2016 related entirely to the closing of its division located in Denver, Colorado. The companys financial statement footnotes indicated that expected employee separation payments amounted to $12.6 million and that fixed asset write-downs accounted for the remainder. Nickolas had never before incurred restructuring charges. At the end of the year, the companys balance sheet included a restructuring accrual of $2,700,000. The cash flow effect of Fey Enterprises restructuring during fiscal 2016 is: