During the year, the Senbet Discount Tire Company had gross sales of $1.25 million. The firm's cost of goods sold and selling expenses were $438,000 and $222,000, respectively. Senbet also had notes payable of $900,000. These notes carried an interest rate of 10 percent. Depreciation was $92,000. Senbet's tax rate was 35 percent.

(a) What was Senbet's net income?

(b) What was Senbet's operating cash flow?