Sawadi Thai Restaurant had sales of $880,000, all received in cash. Total operating expenses were $580,000. All except depreciation were paid in cash. Depreciation of $90,000 was included in the $580,000 of operating expenses. Ignore income taxes.

1. Compute net income and net cash provided by operating activities.

2. Assume that nondepreciation expenses are the same as in part 1 but that depreciation is tripled.

Compute net income and net cash provided by operating activities.