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1) (4 pts) Lifeline, Inc., has sales of $300,00o, Cost of Goods Sold $150,000, Operating costs (excluding depreciation) $90,000, depreciation expense of $10,000, interest expense

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1) (4 pts) Lifeline, Inc., has sales of $300,00o, Cost of Goods Sold $150,000, Operating costs (excluding depreciation) $90,000, depreciation expense of $10,000, interest expense of $6,000, and a tax rate of 30 percent. What is Net Income for this firm? What is Operating cas Flow for this firm? (Operating Cash Flow = EBIT + Depreciation-Taxes) 19,00? So 066 Net Income = OCF =

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