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Moby Dick Corporation has sales of $4,216,040; income tax of $588,149; the selling, general and administrative expenses of $274,448; depreciation of $325,726; cost of goods

Moby Dick Corporation has sales of $4,216,040; income tax of $588,149; the selling, general and administrative expenses of $274,448; depreciation of $325,726; cost of goods sold of $2,590,660; and interest expense of $113,946. Calculate the amount of the firms after-tax cash flow from operations? Answer: 551,003 Incorrect Response (762,783)

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