3. MALI had $250,000 in 2019 taxable income. What is the firm's average tax rate based on the rates shown in the following table? Taxable income Tax rate $0 - 50,000 15% 50,001 - 75,000 25% 75,001 - 100,000 34% 101,000 - 335,000 39% 4. Fatima. had net sales of $700,000 and average accounts receivables of $40,000 last year. How long on average does it take its credit customers to pay their bills? 5. The Blue Bonnet's 2018 balance sheet showed net fixed assets of $2.2 million, and the 2019 balance sheet showed net fixed assets of $2.6 million. The company's income statement showed a depreciation expense of $500,000. What was the amount of the net capital spending for 2019? 6. Awal has sales of $14,300, costs of $4,300, depreciation expense of $1,600, and interest expense of $900. What is the operating cash flow if the tax rate is 22 percent? Earnings before interest and taxes- Taxable income Tax Operating cash flow =