15 Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Liabilities and Owners' Equity Assets 1.31 points 2017 2018 2018 $ 601 $ 643 2,999 2017 $ 1,308 $1,443 6,175 5,092 Current assets Current liabilities Long-term debt 2,815 Net fixed assets Skipped eBook PARROTHEAD ENTERPRISES 2018 Income Statement References $ 16,114 7,288 1,465 456 Sales Costs Depreciation Interest paid What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) What is the change in net working capital for 2018? (Do not round intermediate calculations.) c-1. In 2018, Parrothead Enterprises purchased $2,700 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? (Do not round intermediate a. b. calculations.) What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.) What is the change in net working capital for 2018? (Do not round intermediate calculations.) c-1. In 2018, Parrothead Enterprises purchased $2,700 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.) c-2. In 2018, Parrothead Enterprises purchased $2,700 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 21 percent. (Do not round intermediate calculations.) d-1. During 2018, Parrothead Enterprises raised $589 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? (Do not round intermediate calculations.) d-2. During 2018, Parrothead Enterprises raised $589 in new long-term debt. What is the cash flow to creditors? (Do not round intermediate calculations.) a. b. Owners' equity 2017 a. Owners' equity 2018 Change in NWC b. c-1. Fixed assets sold c-2. Cash flow from assets d-1. Debt retired d-2. Cash flow to creditors