Use the following Financial statements to answer: Great Lakes Manufacturing Inc. comparative Statement of Financial Position at December 31in (000)'s

	20X5	20X4
Cash	$ 5,100	$ 4,800
Accounts Receivable	$ 9,010	$ 6,100
Inventory	$ 10,400	$ 14,000
Prepaid Expenses	$ 1,950	$ 1,020
Equipment	$ 58,500	$ 59,900
Accumulated Depreciation - equipment	($33,100)	($32,000)
Total Assets	$ 51,860	$ 53,820
Account Payable	$ 7,000	$ 11,400
Interest Payable	$ 350	$ 110
Income taxes payable	$ 650	$ 500
Dividends Payable	$ 2,400	$ 3,200
Long-term Notes Payable	$ 17,500	$ 17,000
Common shares	$ 22,000	$ 20,000
Retained Earnings	$ 1,960	$ 1,610
Total Liabilities & Shareholders' Equity	$ 51,860	$ 53,820

Great Lakes Manufacturing Inc. Income Statement Year Ended December 31, 20X5 in (000)'s

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

By how much the change in Accounts Payable has generated or (used) cash when the indirect cash flow method is used?

$4,400

None of the other alternatives are correct

$10,400

($4,400)

$14,000