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Use the income statement and the list of changes to answer the question. Torche Corporation Income Statement January 1 to December 31, 2019 (amounts in

Use the income statement and the list of changes to answer the question.

Torche Corporation Income Statement January 1 to December 31, 2019 (amounts in thousands)
Revenue 9,100
Cost of Goods Sold (COGS) 2,730
Gross Income 6,370
Sales, General, & Administrative Expenses (SG&A) 910
Depreciation Expense 500
Other Expenses 600
Earnings Before Interest & Taxes (EBIT) 4,360
Interest 180
Pre-Tax Income 4,180
Income Taxes 1,672
Net Income 2,508

Between January 1 and December 31, 2019:

1. Accounts Receivable increase by $800,000 2. Accounts Payable decrease by $400,000 3. Gross Property, Plant, & Equipment increase by $5,400,000 4. Long Term Debt increases by $100,000

Assume no other changes

What is the Net Cash Flow?

Note: Account change amounts are provided in dollars but the financial statement units are thousands of dollars.

Please specify your answer in the same units as the financial statements (i.e., enter the number from your completed statement of cash flows).

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