1.Calculate the operating cash flow

2.Calculate the change in net working capital.

3.Calculate the net capital spending.

4.Calculate the cash flow from assets.

5.Calculate the cash flow to creditors.

6.Calculate the cash flow to stockholders.

Gordon's Farm Machines, Inc., reported the following financial statements for the last two years. (Enter your answer as directed, but do not round intermediate calculations.) 2017 Income Statement Sales Costs of goods sold Selling & administrative Depreciation 5 750,000 385,000 150,000 58,000 EBIT Interest 5 159.000 19,000 EBT Taxes 5 140,000 47,600 Net income 5 92.400 Dividends Addition to retained earnings 5 36.000 5 56,400 GORDON'S FARM MACHINES, INC Balance Sheet as of December 31, 2016 Cash Accounts receivable Inventory 5 18,000 Accounts payable 22,000 Notes payable 5 9,000 18,000 12,000 Current liabilities Current assets Net fixed assets 5 52,000 Long-term debt 5 450,000 Owner's equity 5 27,000 5 150,000 S 325.000 Total assets 5 502,000 Total liabilities and owners' equity 502,000 GORDON'S FARM MACHINES, INC. Balance Sheet as of December 31, 2017 5 20,000 Accounts payable 28,000 Notes payable Cash Accounts receivable Inventory 5 12,000 21,000 22,000 S 33,000 5 160,000 5 427,000 Current liabilities Current assets Net fixed assets 5 70,000 Long-term debt 5 550,000 Owner's equity Total assets 5 620,000 Total liabilities and owners' equity 620,000