Cash flow from assets Jills Grape Vineyard, Inc., had net income last year of $126,555 from $358,000

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Cash flow from assets Jill’s Grape Vineyard, Inc., had net income last year of

$126,555 from $358,000 of sales. They paid interest of $23,000 and depreciation of $9,500. The firm increased their fixed assets by $47,000 during the year and decreased NWC by $18,544. What is Jill’s cash flow from assets (CFFA)? The firm’s tax rate is 35 %.

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