Answer:
$31,312,440
Explanation:
Working for Net Income Calculation is attached in MS Excel File Format with this answer, Please Fins it.
Net Income = $29,977,440
As we know that the depreciation is a non cash expense, so it will be added back to the net income to calculate the Operating cash flow.
Operating Cash Flow = Net Income + Depreciation
Operating Cash Flow = $29,977,440 + 1,335,000
Operating Cash Flow = $31,312,440