Question: Grace Construction Inc. ( GCI ) reported net income for the year ended December 3 1 , 2 0 2 4 in the amount of

Grace Construction Inc. (GCI) reported net income for the year ended December 31,2024 in the amount of $3,000,000.  Based on the following information,
Depreciation of equipment....................$1,100,000 
 
Loss on goodwill.........................................$30,000
Interest expense.........................................$500,000
Bad debts expense....................................$75,000

What is the amount of cash from operating activities that would be shown on the statement of cash flows (indirect method) for this year? 

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