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Zigs Industries had the following operating results for 2015: sales = $27,624; cost of goods sold = $17,339; depreciation expense = $4,775; interest expense =
Zigs Industries had the following operating results for 2015: sales = $27,624; cost of goods sold = $17,339; depreciation expense = $4,775; interest expense = $2,394; dividends paid = $1,513. At the beginning of the year, net fixed assets were $15,121, current assets were $5,929, and current liabilities were $3,606. At the end of the year, net fixed assets were $20,378, current assets were $7,369, and current liabilities were $3,970. The tax rate for 2015 was 35 percent. What is operating cash flow (OCF) for 2015? (Negative amount should be indicated by a minus sign. Round your answer to the nearest dollar amount. Omit the "$" sign and commas in your response. For example, $123,456.78 should be entered as 123457.)
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