Triangle Systems Had Earnings After Tax (EAT)of $1,000,000 Last Year

Multiple Choice

Triangle Systems had earnings after tax (EAT) of $1,000,000 last year. Included in its expenses were $50,000 of interest, $100,000 of deferred taxes (taxes that show up on the current year's income statement as expenses but aren't paid in cash in the current year) , and $150,000 of depreciation. In addition, the company paid dividends of $200,000 to its stockholders last year. What was Triangle's net cash flow last year?

A) $1,500,000
B) $1,300,000
C) $1,150,000
D) $1,050,000