1. During 2013, LBD had sales of $840,000, Costs of $525,000, Admin & Selling Expenses of $160,000, depreciation of $75,000 and interest paid to debt holders of $40,000. Tax Rate = 22%.

What is NI (net income) for LBD?

What is OCF (operating cash flow)?

If LBD has 100,000 shares of stock outstanding, what is Earnings per Share (EPS)?

If LBD paid out $12,200 in dividends, what is Additions to Retained Earnings?