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Determine the cash flows from the firm and the cash flows to investors of the firm. 14. Building an Income Statement During the year, the

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Determine the cash flows from the firm and the cash flows to investors of the firm. 14. Building an Income Statement During the year, the Senbet Discount Tire Company had gross sales of $757,000. The company's cost of goods sold and selling expenses were $249,800 and $146,000, respectively. The company also had debt of $675,000, which carried an interest rate of 6 percent. Depreciation was $87,000. The tax rate was 35 percent. a. What was the company's net income? b. What was the company's operating cash flow

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