Bonita Inc had the following activity last year: Sales $ 

Bonita Inc had the following activity last year: Sales $305000; Cost of goods sold $174000; Depreciation expense $30000; other selling and administrative expenses $90000; income tax expense $2600. What was the estimated net cash flow for the year?

$38400
$8400
$41000
 $11000.                   $8400 is not the right answer