2017 2018 Sales $ 2,900 3,300 COGS 2,030 2,310 Interest 410 420 Dividends 56 79 Depreciation 290 330 Cash 250 150 Receivables 242 412 Current liabilities 900 1,100 Inventory 1,015 900 Long-term debt 3,200 3.100 Net fixed assets 6,000 5,700 Retained earnings 1,050 7 Tax rate 34% 34% Given the above information what is the operating cash low and retained earrings balance for 2018? Operating Cash Flow = EBIT (Earings Before Interest and Taxes). Depreciation - Taxes in the above formula, we add depreciation and deduct taxes from EBIT to obtain operating cash flow amount