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Please show work and steps, include formulas. Carla Vista Corporation reported EBITDA of $7,300,175 and net income of $3,789,904.82 last year. The company also had
Please show work and steps, include formulas.
Carla Vista Corporation reported EBITDA of $7,300,175 and net income of $3,789,904.82 last year. The company also had $1,155,390 in interest expense, $1,023,292 in depreciation and amortization expense, and an average corporate tax rate of 26 percent. What was the firm's cash flow to investors from operating activity during the year? (Round answer to 2 decimal places, e.g. 5,275.25.)
Cash flow from operating activity: $
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