Q
Use the income statement and the list of changes to answer the question.
tabletableGulf Shipping CompanyIncome StatementJanuary to December amounts in thousandsRevenueCost of Goods Sold COGSGross Income,Sales General, & Administrative Expenses SG&ADepreciation Expense,Other Expenses,Earnings Before Interest & Taxes EBITInterestPreTax Income,Income Taxes,Net Income,
Between January and December :
Accounts Receivable decrease by $
Accounts Payable increase by $
Gross Property, Plant, & Equipment increase by $
Long Term Debt increases by $
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 ie enter the number from your completed statement of cash flows