During 2023, Raines Umbrella Corporation had sales of $740,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $550,000, $90,000, and $95,000, respectively. In addition, the company had an interest expense of $94,000 and a tax rate of 21 percent. (Assume that interest is fully deductible.)

What was the company’s net income or net loss for 2023?

Note: Do not round intermediate calculations. Input your answer as a positive value.

What was its operating cash flow?