1. In 2018, Garner Grocers had taxable income of -$2,000,000. The corporate tax rate is 25%. Assume that the company takes full advantage of the Tax Codes carry-forward provision. In 2019, Garner has taxable income of $1,000,000. What is the amount of taxes the company paid in 2019?

2. Kwok Enterprises has the following income statement. How much after-tax operating income does the firm have?

Sales	$2,850
Costs	1,400
Depreciation	250
EBIT	$1,200
Interest expense	70
EBT	$1,130
Taxes (25%)	283
Net income	$848

3. Shrives Publishing recently reported $11,500 of sales, $5,500 of operating costs other than depreciation, and $1,250 of depreciation. The company had $3,500 of bonds that carry a 6.25% interest rate, and its federal-plus-state income tax rate was 25%. During the year, the firm had expenditures on fixed assets and net operating working capital that totaled $1,550. These expenditures were necessary for it to sustain operations and generate future sales and cash flows. What was its free cash flow? (Round your intermediate and final answers to whole dollar amount.)