Using the following information, compute cash flow from operating activities.
Decrease in inventory . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 300
Increase in wages payable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 170
Restructuring charge . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,300
Depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1,000
Net income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 500
The restructuring charge consists of two elements:
(1) $1,500 for the write-down in value of certain assets and
(2) $800 for recognition of an obligation to relocate employees; none of the relocation has yet taken place.