Problem 3-16 Income Statement (LO3) Sheryl's Shipping had sales last year of $16,000. The cost of goods sold was $7,700, general and administrative expenses were $2,200, interest expenses were $1,700, and depreciation was $2,200. The firm's tax rate is 21% a. What are earnings before interest and taxes? b. What is net income? c. What is cash flow from operations