DDuring the,year, the Senbet Discount Tire Company had gross sales of $1.08 million. The company's coat of goods sold and selling expenses were 577000 and 230000 respectively. The company also had notes payable 690000. These notes carried an interest rate of 5 percent. Depreciation was 107,000. The tax rate was 22 percent.

a. What was the company's net income?

b. What was the company's operating cash flow?