Kendall corners inc. recently reported net income of $3.8 million and depreciation of $570,000. what was its net cash flow? assume it had no amortization expense. enter your answer in dollars. for example, an answer of $1.2 million should be entered as 1,200,000.

$4,370,000

Explanation:

Given that,

Net income = $3.8 million

Depreciation = $570,000

Here, it was assumed that there were no amortization expense

Net cash flows = Net income + Depreciation

                         = $3,800,000 + $570,000

                         = $4,370,000

Non-cash expenses like depreciation included again in the net income for calculating the Net cash flows.

you can put this in your 11 sentence summary

" most of the money would be invested in innovation, economic convergence."