Doing in excel and in steps would be really helpful. Thanks!

P2.1: During 2019, Rainbow Umbrella Corp. had sales of $630,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $465,000, $85,000, and $135,000, respectively. In addition, the company had an interest expense of $70,000 and a tax rate of 21 percent. (Assume that interest is fully deductible.) Suppose the company paid out $34,000 in cash dividends. At the beginning of the year, the company had current assets $24,000, current liabilities $13,000, net fixed assets $368,000. At the end of 2019, current assets were $35,000, current liabilities were $18,000, and net fixed assets were $430,000. a. Construct income statement for this company. b. What is the operating cash flow? c. What is the cash flow from assets for 2019