Provo, Inc., had revenues of $8 million, cash operating expenses of $4 million, and depreciation and amortization of $2 million during 2008. The firm purchased $500,000 of equipment during the year while increasing its inventory by $300,000 (with no corresponding increase in current liabilities). The marginal tax rate for Provo is 40 percent. What is Provo's cash flow from operations for 2008? $1,400,000 $2,200,000 $3,200,000 $3,600,000