Use the following Financial statements to answer:

Great Lakes Manufacturing Inc. comparative Statement of Financial Position at December 31in (000)'s

20X520X4Cash$ 5,100$ 4,800Accounts Receivable$ 9,010$ 6,100Inventory$ 10,400$ 14,000Prepaid Expenses$ 1,950$ 1,020Equipment$ 58,500$ 59,900Accumulated Depreciation - equipment($33,100)($32,000)Total Assets$ 51,860$ 53,820Account Payable$ 7,000$ 11,400Interest Payable$ 350$ 110Income taxes payable$ 650$ 500Dividends Payable$ 2,400$ 3,200Long-term Notes Payable$ 17,500$ 17,000Common shares$ 22,000$ 20,000Retained Earnings$ 1,960$ 1,610Total Liabilities & Shareholders' Equity$ 51,860$ 53,820

Great Lakes Manufacturing Inc.

Income Statement

Year Ended December 31, 20X5 in (000)'s

Sale$130,000Cost of goods sold$ 97,000Gross Profit$ 33,000Operating Expenses$30,000Gain on Sale of equipment$ (1,000)$ 29,000Profit from Operations$ 4,000Other expensesInterest Expense$ 200Profit before Income Tax$ 3,800Income Tax Expense$ 1,550Profit$ 2,250

Additional Information:

- Operating expenses include depreciation expense of $3,500,000

- Accounts Payable related to the purchase of inventory

- Equipment that cost $3,900,000 was sold at a gain of $1,000,000

- New equipment was purchased during the year for $2,500,000

- Dividends declared and paid in 20X5 totaled $1,900,000

- Common shares were sold for $2,000,000 cash

- Interest payable in 20X5 was $240,000 greater than interest payable in 20X4

What is the Net Cash provided by Operations when the indirect cash flow method is used?

$6,220

$5,830

($500)

$500

None of the other alternatives are correct