Question

a.	Fill in the missing numbers in the following income statement: (Do not round intermediate calculations and round your answers to the nearest whole number, e.g. 32.)

b.	What is the OCF? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.)
c.	What is the depreciation tax shield? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g. 32.)

Answer 1

Income Statement
Sales	6,22,400
Less: Costs	3,76,800
Less: Depreciation	1,28,100
EBIT	1,17,500
Less: Tax at 35%	28,200
Net Income	89,300

Operating Cash Flow (OCF)

Operating Cash Flow (OCF) = Net Income + Depreciation Expenses

= $89,300 + $128,100

= $217,400

Depreciation tax shield   

Depreciation tax shield = Depreciation expenses x Tax Rate

= $128,100 x 24%

= $30,744

NOTE - i have solved this one before so i believe this should be the figures if it isnt please let me know will change this

EDIT - Question is edited using 24% tax rate