During 2018, Raines Umbrella Corp. had sales of $742,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $455,000, $99,500, and $145,000, respectively. In addition, the company had an interest expense of $72,400 and a tax rate of 25 percent. (Ignore any tax loss carryforward provisions and assume interest expense is fully tax deductible.)

a.What is the company's net income/loss for 2018?(Do not round intermediate calculations. Enter your answer as apositive value.)b.What is the company's operating cash flow?(Do not round intermediate calculations.)