QUESTION 17 Given the following Financial Information Answer the following question: Cash Accounts Receivable Inventory Prepaid Assets Other Assets Total Current Assets Net PPE Intangibles Total Assets Accounts Payable Salary Payable Notes Payable Total Current Liabilities Long-Term Debt Total Liabilities Common Stock Retained Earnings total equity 2017 4,000 2,000 5,000 10,000 4,000 25,000 80,000 5,000 110,000 4,000 6,000 6,000 16,000 30,000 46,000 30,000 34,000 64,000 2018 982,000 559,740 422,200 26,000 18,000 8.000 2018 252,717 2,200 5,500 11,000 4,400 275,817 85,000 5,000 365,817 4,400 6,600 6,000 17.000 30,000 47,000 30,000 288,817 318,817 Sales COGS Gross Profit SG&A Other Operating Expenses Depreciation Intangibles Total Assets Accounts Payable Salary Payable Notes Payable Total Current Liabilities Long-Term Debt Total Liabilities Common Stock Retained Earnings total equity 5,000 365,817 4,400 6,600 6,000 17,000 30,000 47,000 30,000 288,817 318,817 5,000 110,000 4,000 6,000 6,000 16,000 30,000 46,000 30,000 34,000 84,000 2018 982,000 559,740 422,260 26,000 18,000 8,000 892 5,544 364,025 109,207 Sales COGS Gross Profit SOLA Other Operating Expenses Depreciation Interest Taxes Net Income dividends Calculate Operating Cash Flow (OCF) given a tax rate of 1.50% a $398,316.10 b. $367,706.10 c. $364,826.10 d. $372,706.10