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Last year, BFA Corporation had net sales of $ 3 , 7 5 0 , 0 0 0 and cost of goods sold of $

Last year, BFA Corporation had net sales of $3,750,000 and cost of goods sold of $2,000,000. Its depreciation charge was $600,000 and selling, general, and administrative (SG&A) expense was $800,000. If the interest charge was $30,000 and the tax rate is 35 percent, what was the operating cash flow? Ignore any carry back or carry forward of loss for tax purposes.

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