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  3. nippon technology had net income for 2022 of $6,50

Nippon Technology had Net Income for 2022 of $6,500,000. The firm invested $3,000,000 in manufacturing...

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Accounting

Nippon Technology had Net Income for 2022 of $6,500,000. The firm invested $3,000,000 in manufacturing equipment during 2022. The equipment is being depreciated over five years using straight-line depreciation, starting in 2022. Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2022 with amounts in thousands. What is the Net Cash Flow in 2022

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