Given the sentence "An old man with an umbrella and cane walking down the street." is it true that "There is an old man on the street."? Now, let's be accurate as possible. Some thinking first:

Show your work and conclude with the exact phrasing "Therefore, the final answer is [answer]." where [answer] is just the final number or expression that solves the problem.
user
An old man walking down the street implies he is on the street. So, the answer is yes.