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Select information for Newman Inc. is as follows: 2020 2021 NI $500,000 $625,000 Depreciation Exp. 85,000 100,000 Dividends 450,000 500,000 Accounts Receivable 1,700,000 2,100,000 Inventory

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Select information for Newman Inc. is as follows: 2020 2021 NI $500,000 $625,000 Depreciation Exp. 85,000 100,000 Dividends 450,000 500,000 Accounts Receivable 1,700,000 2,100,000 Inventory 3,300,000 2,600,000 Accts. Payable & Accruals 450,000 550,000 Long-Term Debt 2,100,000 2,800,000 Common Stock 2,200,000 2,500,000 Retained Earnings 6,150,000 6,250,000 Calculate Newman's Cash Flow from Operating Activities for 2021

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