Use the income statement and the list of changes to answer the question.

Hopewell Corporation
Income Statement
January 1 to December 31, 2022
(amounts in thousands)
Revenue 6,400
Cost of Goods Sold (COGS) 1,280
Gross Income 5,120
Sales, General, & Administrative Expenses (SG&A) 640
Depreciation Expense 1,100
Other Expenses 600
Earnings Before Interest & Taxes (EBIT) 2,780
Interest 80
Pre-Tax Income 2,700
Income Taxes 1,080
Net Income 1,620
Between January 1 and December 31, 2022:

1. Accounts Receivable decrease by $400,000
2. Accounts Payable decrease by $100,000
3. Gross Property, Plant, & Equipment increase by $7,800,000
4. Long Term Debt increases by $200,000

Assume no other changes

What is the Net Cash Flow?