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Snowden Inc. operates an all cash business. It has annual sales of $1,273,000; cash operating expenses of $549,000; depreciation of $142,000 and has a 38.00%

Snowden Inc. operates an all cash business. It has annual sales of $1,273,000; cash operating expenses of $549,000; depreciation of $142,000 and has a 38.00% corporate tax rate. What is its operating cash flow?

a.$582,000

b.$329,080

c.$360,840

d.$502,840

e.$590,880

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