Sheryl's Shipping had sales last year of $20,000. The cost of goods sold was $8,500, general and administrative expenses were $3,000, interest expenses were $2,500, and depreciation was $3,000. The firm's tax rate is 40%. a. What are earnings before interest and taxes? Earnings before interest and taxes b. What is net income? Net income c. What is cash flow from operations? Cash flow from operations