Net Income and OCT

During 2015, rainbow umbrella corp. had sales of$590,000 cost of goods sold, administrative and selling expenses and depreciation expenses were $455,000, $85,000 and $125,000, respectively. In addition, the company had an interest expense of $65,000 and a tax rate of 35% (ignore any tax loss carry back or carry forward provisions)

A. What is the companys net income for 2015?

B. What is its operating cash flow?

C. Explain your result in (a) and (b)