Working Backward: Debt Service Coverage Madison Corp. reported the following in the Current Assets section of its comparative balance sheets: December 31, 2016 December 31, 2017 Current Liabilities: $614,000 Current portion of notes payable $418,000 Supplemental information at the bottom of Madison's 2017 statement of cash flows was as follows: 2017 2016 Interest paid $134,400 $155,800 Income taxes paid 540,600 424,200 Madison's 2017 debt service coverage ratio was 20 to 1. Determine Madison's cash flow from operations for 2017