Ivan's, Inc., pald $500 in dividends and $595 in interest this past year. Common stock increased by $205 and retained earnings decreased by $131. What is the net income for the year? Multiple Choice $369 $595 $800 $500 $964 The tax rates for a particular year are shown below: Taxable Income $0 - 50,000 50,001 - 75,000 75,001 100,000 100,001 - 335,000 Tax Rate 15% 25% 348 39% What is the average tax rate for a firm with taxable income of $123,513? Multiple Choice 20.00% 25.44% 39.00% 36.34% For the past year, Kayla, Inc., has sales of $45,602, interest expense of $3,542, cost of goods sold of $15,959, selling and administrative expense of $11,386, and depreciation of $5,835. If the tax rate is 40 percent, what is the operating cash flow? Multiple Choice $13,332 $5,328 $11,163 $8,880 $14,705