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Gerry Company has a gross profit of $ 9 9 0 , 0 0 0 and depreciation expense of $ 3 6 0 , 0

Gerry Company has a gross profit of $990,000 and depreciation expense of $360,000. Selling and administrative expense is $128,000. Given that the tax rate is 25 percent, compute the cash flow from operations for Gerry Company
Multiple Choice
$739,000
$736,500
$630,000
$127,975

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