Carla Vista Corporation reported EBITDA of $7,300,150 and net income of $3,329,350 for the fiscal year ended December 31, 2017. During the same period, the company had $1,155,374 in interest expense, $1,023,282 in depreciation and amortization expense, and an average corporate tax rate of 35 percent. What was the cash flow to investors from operating activity during 2017? (Round answer to 0 decimal places, e. g. 5,275.)

Carla Vista Corporation

Cash flow from operating activities

For the year ended December 31, 2017

Cash flow from operating activities

Net income                                        $3,329,350

Adjustments to net income:

Depreciation expense                      $1,023,282

Cash flow form operating activities $4,352,632

Amortization and depreciation expense does not represent a cash outflow, therefore, it increases the cash flow from operating activities.

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