This year, Southern Coat Company had sales of 730.000. Cost of goods sold. administrative and selling expenses, and depreciation expenses were 5580,000 , 105,000 and $135,000 respectively. In addition, the company had an interest expense of 75,000 and a tax rate of 28 per cent. (ignore any tax loss carry-back or carry-forward provisions.) Required: a. What is Southem Coat Company's net income? Net income: f. b. What is its operating cash flow? Operating cash flow f c. Explain your results in (a) and (b)