Mark Industries' income statement and related notes for the year ended December 31 are as follows (in $):

Sales	42,000,000
Cost of Goods Sold	(32,000,000)
Wages Expense	(1,500,000)
Depreciation Expense	(2,500,000)
Interest Expense	(1,000,000)
Income Tax Expense	(2,000,000)
Net Income	3,000,000

During the year: Wages Payable increased $100,000. Accumulated Depreciation increased $2,500,000. Interest Payable decreased $200,000. Income Taxes Payable increased $500,000. Dividends of $100,000 were declared and paid. Under U.S. GAAP, Mark Industries' cash flow from operations (CFO) for the year ended December 31 was:

		$5,900,000.
		$4,400,000.
		$4,800,000.