A man with a microphone and piece of paper walking.
A man walking
Yes, it can be inferred that the man is walking.
exists x1 x2 x3 x4 x5 x6.(a_topic(x1) & with(x1,x2) & of(x2,x5) & n_walking(x5) & of(x5,x6) & n_paper(x6) & n_piece(x4) & n_microphone(x3) & subset_of(x4,x2) & subset_of(x3,x2) & n_man(x1))
exists x1 x2.(a_topic(x1) & n_walking(x1) & of(x1,x2) & n_man(x2))