Question: Question 24 10 points Save Answe During 2018, ABC. had sales of $950,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were

Question 24 10 points Save Answe During 2018, ABC. had sales of $950,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $610,000, $110,000, and $140,000, respectively. In addition, the company had an interest expense of $85,000 and a tax rate of 35%. a. What is ABC's net income for 2018? (Input the amount as a positive value. b. What is its operating cash flow? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). B I US Paragraph Arial 14px E A TX %6 X2 X2 > I + ABC TT 12 . x FA E. EX + E E (3)
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