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Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.60 million and depreciation of $266,000. The top part Ann's Flowers, Inc.'s 2007

Statement of Cash Flows Ann's Flowers Inc. reported 2008 net income of $2.60 million and depreciation of $266,000. The top part Ann's Flowers, Inc.'s 2007 and 2008 balance sheets is listed below (in millions of dollars).

Current assets: 2007 2008 Current liabilities: 2007 2008
Cash and marketable securities $4.60 $2.80 Accrued wages and taxes $1.16 $1.16
Accounts receivable 4.80 6.60 Accounts payable 3.16 4.80
Inventory

7.60

5.80

Notes payable

12.68

9.24

Total $17.00 $15.20 Total $17.00 $15.20

What is the 2008 net cash flow from operating activities for Ann's Flower's, Inc.?

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