A B E F H Ch2-2: Gerry Co. has a gross profit of $1,200,000 and depreciation expense of $400,000. Selling and administrative expense is $250,000. Given that the tax rate is 21 percent, compute the cash flow from operations for Gerry Co. Hint: depreciation is not an outflow of cash but is used to determine the tax obligation. Show all work (display all the variables used in your formulas, and/or detail all steps used in determining the calculation)