Kay Inc. had revenues of $16 million, cash operating expenses of $9 million, and depreciation and amortization of $2.9 million during 2021. The firm purchased $700,000 of equipment during the year while increasing its inventory by $500,000. The marginal tax rate for the firm is 0.26 percent. What is the firm's cash flow from operations for 2021? (Show TWO decimal places.) EBIT=Revenues-Expenses-Depreciation\&Amoritzation Operating Cash Flow (OCF)=EBIT(1 tax rate )+ Depreciation\&Amoritzation