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Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2017. 2016 2017 EAT $ 600,000 800,000 Depreciation Exp.

Given the following selected information on McMillen's Chocolate, Inc., calculate Cash Flow from Operating Activities for 2017.

2016 2017
EAT $ 600,000 800,000
Depreciation Exp. 100,000 120,000
Dividends 400,000 550,000
Accounts Receivable 1,500,000 1,000,000
Inventory 3,500,000 4,100,000
Accts. Payable 350,000 350,000
Accruals 250,000 200,000
Long-Term Debt 2,300,000 2,000,000
Common Stock 2,200,000 3,000,000
Interest expenses 50,000 60,000
Retained Earnings 6,150,000 6,400,000

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