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For 2012, Leicester Manufacturing, Inc. posted total sales of $1,249,800 and costs of $803,500. Depreciation is $67,700 and the tax rate is 30 percent. The

For 2012, Leicester Manufacturing, Inc. posted total sales of $1,249,800 and costs of $803,500. Depreciation is $67,700 and the tax rate is 30 percent. The firm does not have any interest expense. What is the operating cash flow?

a) $243,076

b) $281,417

c) $309,076

d) $332,720

e) $352,076

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