Question: during the year belyk paving co had sales of 2384000...
During the year, Belyk Paving Co. had sales of $2,384,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,441,000, $436,600, and $491,600, respectively. In addition, the company had an interest expense of $216,600 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.)
a. What is the company’s net income? (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
Net income $
b. What is it's operating cash flow?