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Calculate the operating cash flow for 2016. I just want to make sure it is correct. Thank you. Sales 403,456 Cost of Goods Sold 201,943

Calculate the operating cash flow for 2016. I just want to make sure it is correct. Thank you.

Sales 403,456
Cost of Goods Sold 201,943
Gross Profit 201,513
Selling & Administrative Expenses 43,130
EBIT 158,383
Interest expense 13,130
Depreciation 56,876
EBT 88,377
Taxes 30,932
Net Income 57,445
Dividends 28,723
Additions to Retained Earnings

28,723

Current Assets Current Liabilities
Cash 30,629 Accounts Payable 52,910
Inventory 45,785 Notes Payable 24,308
Accounts Receivable 21,524 Total Current Liabilities 77,218
Total Current Assets 97,938 Long-term Debt 129,342
Net Fixed Assets 262,617 Owner's Equity 153,995
Total Assets 360,555 Total Liabilities & Equity 360,555
Operating Cash Flow for 2016 =

$184,327

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