Consider the following abbreviated financial statements for Barrie Enterprises:

a. What is owner’s equity for 2011 and 2012?

b. What is the change in net working capital for 2012?

c. In 2012, Barrie Enterprises purchased $1,350 in new fixed assets. How much in fixed assets did Barrie Enterprises sell? What is the cash flow from assets for the year? (The tax rate is 35 percent.)
d. During 2012, Barrie Enterprises raised $270 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? What is the cash flow to creditors?

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BARRIE Enterprises 2011 and 2012 Partial Statement of Financial Position Liabilities and Owner's Equity Assets 2012 2011 2012 2011 $ 707 $ 261 $ 653 $ 293 Current liabilities Current Assets Net fixed Assets Long-term debt 1,512 2,691 3,240 1,422 BARRIE Enterprises 2012 Statement of Comprehensive Income Sales $8,280 Costs 3,861 Depreciation 738 Interest Paid 211