1. Tom's Bakery has total sales of $2,000, costs are $1,300, and depreciation is $170. The tax rate is 34 percent. The interest expense is $50. What is the operating cash flow?

		$105.08
		$212.10
		$298.34
		$369.40
		$536.80

2. Aker Company had beginning net fixed assets of $550 and ending net fixed assets of $800. Assets valued at $500 were sold during the year. Depreciation was $80. What is the amount of net capital spending?

		$170
		$250
		$330
		$180
		$420

3. A firm has beginning retained earnings of $5,200 and ending retained earnings of $5,650. What is the amount of dividends paid if the firm earned a net income of $1,700?

		$500
		$1,700
		$450
		$1,500
		$1,250