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B-5 (10 Marks) In 2010, Retail Stuff Inc. had sales of $400 million. Operating costs, depreciation and interest were $200 million, $30 million and $25

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B-5 (10 Marks) In 2010, Retail Stuff Inc. had sales of $400 million. Operating costs, depreciation and interest were $200 million, $30 million and $25 million respectively. It's corporate tax rate is 30%. The company reported $45 million in operating current assets and $20 million in operating current liabilities. It also reported net property, plant and equipment of $80 million. For 2009, net operating working capital was $35 million and total net operating capital was $90 million. Required: With respect to 2010: (a) What was the company's net income

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