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Home Supply, Inc. has compiled the following operating information for 2019: sales =$19,830 ; cost of goods sold =$13,930 ; depreciation expense =$2,320 ; interest
Home Supply, Inc. has compiled the following operating information for 2019: sales
=$19,830
; cost of goods sold
=$13,930
; depreciation expense
=$2,320
; interest expense
=$320
; dividends paid
=$600
. At the beginning of the year, net fixed assets were
$16,300
, current assets were
$2,990
, and current liabilities were
$2,020
. At the end of the year, net fixed assets were
$19,340
, current assets were
$3,380
, and current liabilities were
$2,110
. The tax rate for 2019 was 40 percent. What is the operating cash flow (OCF) for 2019?\
$4,117
\
$4,370
\
$4,421
\
$4,596
\
$4,821
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