1. Degree 33 Surfboards is a small company that sells surfboards in Southern California. They have #only been in business for two years and provided the following information: 2016 2017 Cost of Goods Sold $196,619 248,263 Cash 28,372 42,865 Depreciation | 55,506 62,738 Interest Expense 12,067 13.831 Selling and Administrative 38,668 50,469 Accounts Payable 20,143 34,091 Net Fixed Assets 244,881 298,350 Sales 385,724 470,172 Accounts Receivables 20,104 26.078 Notes Payable 22,855 24,955 Long-Term Debt 123,607 140,000 Inventory 38,706 52,057 | New Equity Raised 0 15,000 Degree 33 Surfboards pays out 40% of net income as dividends, and had a 30% tax rate. A. Prepare an income statement for 2016 & 2017. B. Prepare a balance sheet for 2016. C. Calculate the Operating Cash Flow (OCF) for 2016 & 2017 D. Calculate Cash Flow from Assets for 2017. E. Calculate Cash Flow to Creditors for 2017. F. Calculate Cash Flow to Stockholders for 2017