Question
depreciation expense were $1,320,000,$605,000 , and $441,000 , respectively. In addition, the company had an interest expense of $266,000 and a tax rate of 22
depreciation expense were
$1,320,000,$605,000
, and
$441,000
, respectively. In addition, the company had an interest expense of
$266,000
and a tax rate of 22 percent. (Ignore any tax loss carryforward provision and assume interest expense is fully deductible.)\ a. What is the company's net income?\ Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.\ b. What is its operating cash flow?\ Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.\ a. Net income\ b. Operating cash flow
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