During the year, Pharr Corporation had sales of $459,000. Co…

Questions

During the yeаr, Phаrr Cоrpоrаtiоn had sales of $459,000. Costs were $388,000 and depreciation expense was $102,800. In addition, the company had an interest expense of $79,250 and a tax rate of 21 percent. What is the operating cash flow for the year? Ignore any tax loss carry-forward provisions.