Suppose net income is forecasted to be $1,188 for the coming year, depreciation expense is forecasted to be $1,957, and dividends are expected to be $451. The balances in accounts receivable, inventories, accounts payable, and gross property, plant, and equipment are expected to be $279, $4,889, $2,209, and $26,111, respectively. At the end of the most recent fiscal year, the balances in these accounts were $201, $4,111, $1,906, and $19,169, respectively. Based on this information, calculate cash flow from operating activities for the coming year.
Currrent year Previous year Difference
The solution calculates cash flow from operating activities for the coming year.