. has Depreciation and accounting cash flow A firm in the third year of depreciating its only onet, which originally cost $180,000 and has a 5-year MACRS recovery period gathered the following data relative to the current year's operations: Accruals $15,000 Current assets 120,000 Interest expense 15,000 Sales revenue 400,000 Inventory 70,000 Total costs before depreciation, interest and taxes 290,000 Tex rate on ordinary incomo 21% a. Use the relevant data to determine the operating cash flow for the current year. b. Explain the impact that depreciation, as well as any other noncash charges, has on a firm's cash flows. Operating Cash Flow Sales revenue Less: Total costs before depreciation, interest and taxes Depreciation expense Gaming before interent and taxen Les Taxes at 21% Net operating profit after taxes (NOPAT) Plus: Depreciation Operating Cash Flow (OCF) $ b. Explain the impact that depreciation, as well as any other noncash charges, has on a firm's cash flows (Select from the drop-down menu Enter any number in the edit fields and then continue to the next