QUESTION 31 Glven the following Financial Information Answer the following question: 2017 Cash 4,000 Accounts Recevable 3,000 Inventory 7,000 Prepald Assets 4,000 Other Assets 6,000 Total Current Assets 24,000 Net PPE 70,000 Intangibles 7,000 Total Assets 101,000 Accounts Payable 2,000 Salary Payable 10,000 Notes Payable 4,000 Total Current Liabilities 16,000 Long-Term Debt 40,000 Total Liabilities 56,000 Common Stock 80,000 Retained Earnings -35,000 total equity 45,000 2018 Sales 1,594,000 COGS 1.163,620 Gross Profit 430,380 SG&A 29,000 Other Operating Expenses 14,000 Depreciation 7,000 Interest 2.839 Taxes 101.903 Net Income 282,637 dividends 101,749 Calculate Operating Cash Flow (OCF) given a tax rate of 26.50%: O a. $307,894.30 O b. $281.434.30 c. $287.579.30 O d. $286,579.30 2018 185,088 3,300 7,700 4,400 6,600 207,088 69,000 7,000 283,088 2,200 11,000 4.000 17,200 40,000 57,200 80,000 145,888 225,888