Operating Cash Flow: Restructuring Charges

Using the following information, compute cash flow from operating activities.

Decrease in inventory                                                          

$ 300

Increase in wages payable                                                       

170

Restructuring charge                                                           

2,300

Depreciation                                                                 

1,000

Net income                                                                 

500

The restructuring charge consists of two elements: (1) $1,500 for the write down in value of certain assets and (2) $800 for recognition of an obligation to relocate employees; none of the relocation has yet taken place.