During the year, the Senbet Discount Tire Company had gross sales of $1.13 million. The firms cost of goods sold and sellingexpenses were $532,000 and $222,000, respectively. The firm also had notes payable of $870,000. These notes carried an interest rate of 8 percent. Depreciation was $137,000. The firms tax rate was 30 percent.

What was the firm's net income?

What was the firm's operating cash flow?

a.	What was the firms net income?