Accent Jewelry, Inc., has annual sales of $4.8 million and a gross profit margin of 55%. The operating expenses are $510,550 and depreciation is $160,250. Interest expense is $80,000 and the tax rate is 21%. What is the net income? Multiple Choice $1,227,980 $1,492,468 $2,385,000 $1,084,818 $1,002,980 Marley Enterprises has financing cash flow of −$45,200 and investment cash flow of $24,500 for the year. The beginning cash balance was $64,200 and the ending cash balance was $55,100. What was the operating cash flow for the period? Multiple Choice −$15,500 −$9,600 $11,600 −$7,700 $8,900