Show you work and the Equation used !!!!!!!!!!

Below is some financial information for your last two months. March April Some Income Statement Items: Net Income $ (5,000) $ 5,000 Depreciation expense $ 1,000 $ 1,000 Some Balance Sheet Items: Inventory $ 5,000 $ 8,000 Accounts Receivable $ 3,000 $ 5,000 Accounts Payable $ 4,000 $ 6,000 Long Term Debt $10,000 $12,000 Based on this information, what was your company's operating cash flow for the month of April?

A.		3,000
B.		-3,000
C.		5,000
D.		-5,000
E.		2,000
F.		8,000

2. This year your startup had Sales of $130,000 and Cost of Goods Sold of $52,000. Next year, your forecast that your Cost of Goods Sold as a percentage of Sales will improve by .05 (so if it was .55 this year, it would drop to .50 next year these are just examples, dont use these numbers!), and you project Sales will increase to $150,000 Based on this, what is your projected GROSS PROFIT next year?

A. $97,500

B. $78,000

C. $90,000

D. $52,500

E. $75,000