#1. In the year 2000 XYZ Corp. had total revenues of $2 million, costs of good sold of $400,000, and SGA expenses of $500,000. Depreciation was $300,000. During the year XYZ Corp's sole debt liability was a $2 million bank loan on which it pays an annual interest rate of 10%. The principal on the loan will not be repaid for several more years. Taxes paid in the year 2000 were $300,000. Capital expenditures were $100,000. There was no change in any working capital items and the rm's cash on its balance sheet also did not change. (a) What was XYZ Corp's net income in 2000? (b) What was XYZ Corp's total cash ow to investors in 2000