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

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

Nippon Technology Income Statement January 1 to December 31, 2019 (amounts in thousands)
Revenue 8,700
Cost of Goods Sold (COGS) 1,740
Gross Income 6,960
Sales, General, & Administrative Expenses (SG&A) 870
Depreciation Expense 1,200
Other Expenses 400
Earnings Before Interest & Taxes (EBIT) 4,490
Interest 50
Pre-Tax Income 4,440
Income Taxes 1,776
Net Income 2,664

Between January 1 and December 31, 2019:

1. Accounts Receivable decrease by $600,000 2. Accounts Payable increase by $800,000 3. Gross Property, Plant, & Equipment increase by $7,300,000 4. Long Term Debt decreases by $400,000

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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