Problem:

The sales of Carter Company for 2008 were $10,980, their cost of goods sold was $8,100, depreciation totaled $1,440, interest expense equaled $180 and their dividends paid were $270. At the start of 2008, net fixed assets equaled $7,200, current assets were $1,800 and current liabilities were $1,350. At the end of 2008, Carter's net fixed assets were $7,560, its current assets were $2,790 and current liabilities were $1,620. Carter had a tax rate of 35% for 2008.

Required:

Question: Calculate the operating cash flow and the cash flow from assets for 2008.

Note: Please provide full description.