1. Financial information of Corporation XYZ is given as follows. (8pts) XYZ's 2021 OCF(Operating Cash Flow )=$1,722 XYZ's 2021 the change in NWC(Net Working Capital) =$28 XYZ's 2021 Cash Flow to stockholders =$725 To check "The Cash Flow Identity", Mr. K who is a financial manager of XYZ calculated as follows: [A] To obtain NCS(Net Capital Spending) in 2021, he calculated the change in net fixed assets for 2020 and 2021 , resulting in +$306(=7,6507,344). [B] To obtain Cash Flow to creditors in 2021, he calculated the change in LTD for 2020 and 2021, resulting $1,021(=2,0853,106) After [A] and [B], Mr. K checked CFFA (Cash Flow From Assets) as follows: OCF the change in NWC - NCS=CF to creditors + CF to stockholders 1,722(28)306=1,021+(725)1,750306=1,021+(725)1,444=1,746"TheCashFlowIdentity"doesnothold! Since "The Cash Flow Identity" always must hold, Mr. K have made a mistake somewhere. Answer the following (1) (3) problems. (1) Was there a mistake in [A], the calculation of NCS for 2021 ? If so, state where it was and try the correct calculation again. (3pts) (2) Was there a mistake in [B], the calculation of CF to creditors for 2021? If so, state where it was and try the correct calculation again. (3pts) (3) Fill in the blank for "The Cash Flow Identity" for 2021. (2pt) OCF - the change in NWC - NCS=CFtocreditors+CF to stockholders 1,722(28)=+(725) 1,750+(725) "The Cash Flow Identity" finally holds! (in other words, LHS = RHS)