During the year, Belyk Paving Co. had sales of $2,388,000. Cost of goods sold, administrative and selling expenses,

During the year, Belyk Paving Co. had sales of $2,388,000. Cost of goods sold, administrative and selling expenses, and depreciation expense were $1,437,000, $436,200, and $491,200, respectively. In addition, the company had an interest expense of $216,200 and a tax rate of 35 percent. (Ignore any tax loss carryback or carryforward provisions.)

Required:
(a)	What is Belyk’s net income? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign.)

Net income

$

(b)	What is Belyk’s operating cash flow? (Do not include the dollar sign ($).)

Operating cash flow

$