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?

Multiple Choice

A) None of the other alternatives are correct

B) $4,400)

C) $10,400

D) $4,400

E) $14,000