Q$.$

Use the income statement and the list of changes to answer the question.

$\backslash$table$[[\backslash$table$[[$Gulf Shipping Company$],[$Income Statement$],[$January $1$ to December $31,2023],[($amounts in thousands$)]],],[$Revenue$,9,000],[$Cost of Goods Sold $($COGS$),3,600],[$Gross Income,$5,400],[$Sales$,$ General, & Administrative Expenses $($SG&A$),900],[$Depreciation Expense,$1,000],[$Other Expenses,$400],[$Earnings Before Interest & Taxes $($EBIT$),3,100],[$Interest$,120],[$Pre$-$Tax Income,$2,980],[$Income Taxes,$1,192],[$Net Income,$1,788]]$

Between January $1$ and December $31,2023$:

Accounts Receivable decrease by $$200,000$

Accounts Payable increase by $$500,000$

Gross Property, Plant, & Equipment increase by $$8,500,000$

Long Term Debt increases by $$900,000$

Assume no other changes

What is the Net Cash Flow?

Note: Account change amounts are provided in dollars but the financial statement units are thousands of dollars.

Please specify your answer in the same units as the financial statements $($i$.$e$.,$ enter the number from your completed statement of cash flows$).$