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  3. siam traders had net income for 2018 of $9,500,000

Siam Traders had Net Income for 2018 of $9,500,000. The firm invested $1,000,000 in manufacturing...

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Accounting

Siam Traders had Net Income for 2018 of $9,500,000.

The firm invested $1,000,000 in manufacturing equipment during 2017 but made no additional capital investments in 2018. The equipment is being depreciated over five years using straight-line depreciation, starting in 2017.

Assuming no other adjustments to cash flow than those mentioned here, create a statement of cash flows for 2018 with amounts in thousands.

What is the Net Cash Flow in 2018?

Please specify your answer in the same units as the statement of cash flows.

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