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During the year, the Senbet discount Tire company had gross sales of $1.16 million. The company's costs of goods sold and selling expenses were...

During the year, the Senbet discount Tire company had gross sales of $1.16 million. The company's costs of goods sold and selling expenses were $535,000, respectively. The company also had debt of $900,000, which carried an interest rate of 6 percent. Depreciation was $140,000. The tax rate was 35 percent.

a. What  was the company's net income?

b. What was the company's operating cash flow?

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