SofCF 8

Suppose Gulf Shipping Company has the following results related to cash flows for 2017:

Net Income of $6,800,000

Increase in Accounts Payable of $500,000

Decrease in Accounts Receivable of $200,000

Increase in Debt of $900,000

Depreciation Expenses of $1,600,000

Purchases of Property, Plant, & Equipment of $8,500,000

Assuming no other cash flow adjustments than those listed above, build a statement of cash flows with amounts in thousands.

What is the Net Cash Flow?

Please specify your answer in the same units as the statement of cash flows.