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Use the income statement and the list of changes to answer the question. Dansko Integrated Income Statement January 1 to December 31, 2022 (amounts in

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

Dansko Integrated Income Statement January 1 to December 31, 2022 (amounts in thousands)
Revenue 8,500
Cost of Goods Sold (COGS) 2,550
Gross Income 5,950
Sales, General, & Administrative Expenses (SG&A) 1,700
Depreciation Expense 800
Other Expenses 500
Earnings Before Interest & Taxes (EBIT) 2,950
Interest 90
Pre-Tax Income 2,860
Income Taxes 1,144
Net Income 1,716

Between January 1 and December 31, 2022:

1. Accounts Receivable decrease by $400,000 2. Accounts Payable increase by $900,000 3. Gross Property, Plant, & Equipment increase by $6,700,000 4. Long Term Debt decreases by $200,000

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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