Bonus homework for class Please show Formulas! thanks in advance!

1. Calculating OCF [LO1] Consider the following income statement: Sales $713,500 Cost 497,300 EBIT ? Taxes (34%) ? Net Income ? Fill in the missing numbers and then calculate the OCF. What is the depreciation tax shield? 2. Operating Cash Flow and Leverage [LO41 A proposed project has fixed costs of $83,000 per year. The operating cash flow at 9,100 units is $102,900. Ignoring the effect of taxes, what is the degree of operating leverage? If units sold rise from 9,100to 9,500, what will be the increase in operating cash flow? What is the new degree of operating leverage?