2.Jelly Fences has sales of $250,000; the cost of fences for the year 2016 was $78,000 and the administration costs were $12,000.

The depreciation charge was $45,000 and the interest paid was $63,000.

What was the profit for the year and the operating cash flows for Outback Fences if the tax rate is 30%?

Required: Calculate Cash-flow for Jelly Fences for the year 2016.