Jones Company Financial Information

December 2007. December 2008

Net income. $2000. $5000

Accounts receivable. 750. 750

Accumulated depreciation 1000. 1500

Common stock. 4500. 5000

Paid in capital. 7500. 8000

Retained earnings. 1500. 2500

Accounts payable. 750. 750

Based on this information, calculate the after tax cash flow from operations in 2008 (no assets were disposed of during the year, and there was no change in interest payable or taxes payable)