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

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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