During the year, the Senbet Discount Tire Company had gross sales of $1.11 million. The firms cost of goods sold and selling expenses were $530,000 and $220,000, respectively. The firm also had notes payable of $850,000. These notes carried an interest rate of 5 percent. Depreciation was $135,000. The firms tax rate was 40 percent. What was the firms net income? What was the firms operating cash flow?