Emery Mining Inc. recently reported $132.500 of sales. $75,500 of operating costs other than depreciation, and $10,200 of depreciation. The company had $16,500 of outstanding bonds that carry a 7.25% interest rate, and its federal-plus-state income tax rate was 35%. How much was the firm's net income? The firm uses the same depreciation expense for tax and stockholder reporting purposes. $37.053.05 $36.460.20 $32.310.26 $31.717.41 O $29.642.44 D Question 25 1 pts Wu Systems has the following balance sheet. How much net operating working capital does the firm have? Cash Accounts receivable Inventory Current assets Net fixed assets $ 100 Accounts payable 650 Accruals 550 Notes payable $ 1,300 $ 1,300 Current liabilities $1,000 Long-term debt Common equity Retained earnings $ 2,300 Total liab. & equity $ 200 250 450 $ 900 600 300 500 $ 2,300 Total assets $1.037 $833 $842 $850