need 7 and 8

7. A company had sales of $730,000, cost of goods sold of $400,000, selling and administrative expense of $65,000, and operating profit of $110,000 ? What was the value of depreciation expense? What adjustments would you make in the statement of cash flows regarding depreciation and is it from operating, investing, or financing activities? 8. A company makes clothing and has sales of $3,700,000. Cash is $155,000, accounts receivable is $840,000, inventory is $385,000, and net plant and equipment is $490,000. Compute total assets and then determine accounts receivable turnover, inventory turnover, fixed asset turnover, and total asset turnover