Please help with this assignment. I do not know how to complete it. Please show your work. I would like to learn how to complete this, not just get the answers.

F305 Homework 1 1. Chevelle, Inc. has sales of $39,500, costs of $18,400, depreciation expense of $1,900, and interest expense of $1,400. If the tax rate is 35%, what is the operating cash flow, or OCF? 2. The following year, Chevelle, Inc. has sales of $49,500, costs of $18,400, depreciation expense of $1,900, and interest expense of $1,400. If the tax rate is increased to 40%, what is the operating cash flow, or OCF? 3. The third year, Chevelle, Inc. has trouble. Sales drop to $20,500, with costs of $15,500, depreciation expense of $1,900, and interest expense of $1,100. If the tax rate is remains 40%, what is the operating cash flow, or OCF? 4. Bearcub Driving School had a 2015 balance sheet showing net fixed assets (NFA) of $2.8 million and the 2016 balance sheet showed NFA of $3.6 million. The company's 2016 income statement showed depreciation expense of $345,000. What was net capital expenditure for 2016? 5. Bearcub Driving School had a 2017 balance sheet showing net fixed assets (NFA) of $4.7 million and the 2016 balance sheet showed NFA of $3.6 million. The company's 2017 income statement showed depreciation expense of $385,000. What was net capital expenditure for 2017? Storm Industries had the following operating results for 2014: F305 Homework 1 Sales: 27,360 COGS: 19,260 Depreciation: 4,860 Interest expense: 2,190 Tax rate: Dividends paid: 34% 1,560 Storm had the following balance sheet readings: 1/1/2014 12/31/2014 Current Assets: 5,760 7,116 Current Liabilities: 3,240 3,780 Net Fixed Assets: 16,380 20,160 Given the financial statements information above, find: 6. Net Income for 2014 7. Operating Cash Flow (OCF) for 2014 8. Cash Flow from Assets (CFFA) for 2014 Storm Industries then had the following operating results for 2015: F305 Homework 1 Sales: 30,450 COGS: 20,150 Depreciation: 4,910 Interest expense: 2,220 Tax rate: Dividends paid: 34% 1,560 Storm had the following balance sheet readings: 1/1/2015 12/31/2015 Current Assets: 7,116 7,500 Current Liabilities: 3,780 4,780 Net Fixed Assets: 20,160 15,250 Given the financial statements information above, find: 9. Net Income for 2015 10. Cash Flow from Assets (CFFA) for 2015