During the year, Sensei Tire Company had gross sales of RM895,000. The firm's cost of good sold and selling expenses were RM461,000 and RM215,000, respectively. The company also had notes payable of RM685,000. These notes carried an interest rate of 4 percent. Depreciation was RM108,000. The tax rate was 21 percent. i. What was the company's net income? (5 marks) ii. What was the company's operating cash flow? (3 marks) iii. Why is it not necessarily bad for the operating cash flow to be negative for a particular period? (2 marks)