During 2020, Dazang Inc. had sales of $15,214,000. Depreciation, Administrative and General Expenses, and Cost...
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During 2020, Dazang Inc. had sales of $15,214,000. Depreciation, Administrative and General Expenses, and Cost of Goods Sold were $1,220,000,$2,183,800, and $7,630,100, respectively. In addition, the company had interest expense of $980,000 and a tax rate of 21 percent. What is Dazang's operating cash flow? \begin{tabular}{c} $3,508,079 \\ \hline$4,728,079 \\ \hline$2,524,079 \\ \hline$4,176,100 \\ \hline$3,196,100 \end{tabular}
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