Problem:
Daniel's Market has sales of $36,600, costs of $28,400, depreciation expense of $3,100, and interest expense of $1,500.
Required:
Question: If the tax rate is 34 percent, what is the operating cash flow, OCF?
a. $7,013
b. $5, 279
c. $4, 811
d. 6, 466
e. $6, 976
Note: Provide support for your rationale.