Please help below

During 2020, the Abel Co. had gross sales of $600,000. The firms cost of goods sold and selling expenses were $200,000 and $50,000, respectively. These figures do not include depreciation. Abel also had notes payable of $1,000,000. These notes carried an interest rate of 10 percent. Depreciation was $100,000. Abels tax rate in 2020 was 20%. What was Abels net income?

$77,500

$87,500

$97,500

$105,000

$120,000

Question 31 In the above question, what was Abel's operating cash flow?

$215,500

$237,500

$251,500

$320,000

$345,500