Question

The Blossom Company has disclosed the following financial information in its annual reports for the period ending March 31, 2017: sales of $1.452 million, cost of goods sold of $801,000, depreciation expenses of $175,000, and interest expenses of $89,575. Assume that the firm has an average tax rate of 35 percent. Computer the cash flows to investors from operating activity. (Round answer to 2 decimal places, e.g. 15.25.)

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