Use the income statement and the list of changes to answer the question. Nippon Technology Income Statement January 1 to December 31, 2019 (amounts in thousands) Revenue 8,700 Cost of Goods Sold (COGS) 1,740 Gross Income 6,960 Sales, General, & Administrative Expenses (SG&A) 870 Depreciation Expense 1,200 Other Expenses 400 Earnings Before Interest & Taxes (EBIT) 4,490 Interest 50 Pre-Tax Income 4,440 Income Taxes 1,776 Net Income 2,664 Between January 1 and December 31, 2019: 1. Accounts Receivable decrease by $600,000 2. Accounts Payable increase by $800,000 3. Gross Property, Plant, & Equipment increase by $7,300,000 4. Long Term Debt decreases by $400,000 Assume no other changes What is the Net Cash Flow?

In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).