1. For the year 2010 the value of a company's equity account was $11,313, current liabilities were $770, current assets were $17,259, and long-term debt was $48,681. Calculate the value of the total assets for this company for the year 2010

2.

Your company is considering a new investment project. It's estimating that in the first year it will be able to receive $324,000 in sales revenue, the production costs will total $260,000, annual depreciation will equal $14,000, and it will be in the 36% corporate income tax rate bracket.

Calculate the estimated first year Operating Cash Flow.