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Use the income statement and the list of changes to answer the question. Siam Traders Income Statement January 1 to December 31, 2017 (amounts in

Use the income statement and the list of changes to answer the question. Siam Traders Income Statement January 1 to December 31, 2017 (amounts in thousands) Revenue 7,800 Cost of Goods Sold (COGS) 1,560 Gross Income 6,240 Sales, General, & Administrative Expenses (SG&A) 780 Depreciation Expense 1,200 Other Expenses 300 Earnings Before Interest & Taxes (EBIT) 3,960 Interest 60 Pre-Tax Income 3,900 Income Taxes 1,560 Net Income 2,340 Between January 1 and December 31, 2017: 1. Accounts Receivable increase by $100,000 2. Accounts Payable increase by $600,000 3. Gross Property, Plant, & Equipment increase by $8,300,000 4. Long Term Debt decreases by $700,000 Assume no other changes What is the Net Cash Flow? Please specify your answer in the same units as the income statement.

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