a, b, and c Net Income and OCF

During 2014 Raines Umbrella Corp. had sales of $675,000. Cost of Goods Sold was $435,000. Selling, General, and Administrative Expenses (SGA) was $85,000. Depreciation was $125,000. In addition, the business had Interest expense of $70,000 and a tax rate of 35% (just assume taxes fromall the brackets add up to 35%).

a. What is Raines Net Income for 2014?

b. What is its Operating Cash Flow?

c. Explain your results in a. and b.