Ship-to-Shore had earnings after tax (EAT) of $320,000 last year. Its expenses included depreciation of $52,000, interest of $40,000. It purchased new equipment for $28,000.The company also sold stock for $36,000. What is Ship-to-Shore's net cash flow for last year?
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a.
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$380,000
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c.
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$315,000
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b.
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$425,000
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d.
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$395,000
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