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2-6 HighTech Wireless just published its 2014 in- come statement, which showsne income equal to $240,000. The statement also shows that op- erating expenses were

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2-6 HighTech Wireless just published its 2014 in- come statement, which showsne income equal to $240,000. The statement also shows that op- erating expenses were $500,000 before includ- ing depreciation, depreciation was $100,000, and the tax rate was A0 percent. If HighTech has no debt, what were its sales revenues in 2014? What was its 2014 net cash flow? Tetatement,which sho ociation, depreciation 100,03-1 2-16

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