Question: The following information has been extracted from the financial statements of a company. Net income in 2 0 1 6 = $ 3 ,

The following information has been extracted from the financial statements of a company.  

 


Net income in 2016= $3,000

Annual depreciation in 2016= $1,000


Net operating working capital in 2015= $4,000

Net operating working capital in 2016= $3,200

Net fixed assets in 2015= $70,000

Accumulated depreciation in 2015= $11,000

Gross fixed assets in 2016= $69,000

There is no other long-term assets in the balance sheets of 2015 and 2016.

 What is the Net Cash Flow for 2016?


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