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Question 4 5 pts The Collins Group, a software firm, has hired you to produce an estimate of the cash flow its assets generate. The

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Question 4 5 pts The Collins Group, a software firm, has hired you to produce an estimate of the cash flow its assets generate. The balance sheet and some other information are provided below. Assets 2019 2020 Current assets $6,127,000 $4,771,000 Net fixed assets $17,489,000 $17,107.000 Total assets $23,616,000 $21,878,000 Liabilities and Equity Current liabilities $4,194,000 $1,532,000 Long-term debt $9.800,000 $10.650.000 Common stock (100,000 shares) $7,500,000 $7,000,000 Retained earnings $2,122.000 $2,696,000 Total liabilities and shareholders' equity $23,616,000 $21,878,000 Income Statement Items Depreciation Expense $1,611,000 Earnings Before Interest & Taxes (EBIT) $3,396,000 Taxes $740,000 Interest Expense $1,282,000 Dividends $800,000 What is the Cash Flow from Assets (CFFA) for the year of 2020? What is the Cash Flow from Assets (CFFA) for the year of 2020? 0 $4,190,000 O $8,210,000 O $4,344,000 O -$201.000 O $1,732,000

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