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Question

E4-3 Determine the operating cash flow (OCF) for Kleczka, Inc., based on the following data. (All values are in thousands of dollars.) During the year the firm had sales of $2,503,000 cost of goods sold totaled $1,817,000 operating expenses totaled $319,000, and depreciation expenses were $214,000. The firm is in the 39% tax bracket.