The Income Statement for Dolittle's Yard Service is below. What is the operating cash flow for the year?
Sales $1,678,000
Expenses:
COGS $1,141,00
Selling Exp. 304,000
Depreciation 143,000
Total Expenses 1,588,000
EBIT 90,000
Interest Exp. 74,000
Taxable Income 16,000
*Income Tax 5,440
Net Income $ 10,560
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