Reference no: EM131563524

Question - An analyst compiled the following information for Uver Inc. for the year ended December 31, 2016:

• Net income was $1,700,000.
• Depreciation expense was $400,000.
• Interest paid was $200,000.
• Income taxes paid were $100,000.
• Common stock was sold for $200,000.
• Preferred stock (8% annual dividend) was sold at par value of $250,000.
• Common stock dividends of $50,000 were paid.
• Preferred stock dividends of $20,000 were paid.
• Equipment with a book value of $100,000 was sold for $200,000.

Using the indirect method, what was Uver Inc.'s net cash flow from operating activities for the year ended December 31, 2016?