During the year, Raines Umbrella Corp. had sales of $675,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $435,000, $85,000, and $125,000, respectively. In addition, the company had an interest expense of $70,000 and a tax rate of 21 percent. (Ignore any tax loss carryback or carryforward provisions.) What is Raines's net income? What is its operating cash flow? $ Sales Costs Administrative and selling expenses Depreciation expense Interest expense 675,000 435,000 85,000 125,000 70,000 Tax rate 21% Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs B D E F G H Tax rate 21% Complete the following analysis. Do not hard code values in your calculations. Income Statement Sales Costs Administrative and selling expenses Depreciation expense EBIT Interest expense EBT Taxes (21%) Net income Operating cash flow