Your company reported the following for this year: $650,000 in sales, $390,000 in cost of goods sold, $42,500 in interest expense, and operating expenses of $131,000 (including $30,500 in depreciation expense). The income tax rate is 25%. During the year, property, plant and equipment (net) grew from $153,000 to $223,000 and net working capital grew from $112,000 to $219,000. The company declared and paid $15,000 in cash dividends to its shareholders during the year and repurchased and retired $15,000 in common shares from its shareholders. Hint: start by calculating net income after tax.

REQUIRED: For each of the following calculations, select the correct response:

1. Operating cash flow Answer

2. Cash flow from assets Answer

3. Cash flow to shareholders Answer

4. Cash flow to creditors Answer