1)During 2009, Raines Umbrella Corp. had sales of $734,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $560,000, $101,000, and $130,000, respectively. In addition, the company had an interest expense of $101,000 and a tax rate of 40 percent (zero if negative income). Assume Raines Umbrella Corp. paid out $23,000 in cash dividends, spending on net fixed assets and net working capital was zero, and no new stock was issued during the year. Compute the firms Cash Flow from Assets, Cash Flow to Shareholders, net the two to get Cash Flow to Creditors, then back out the new net Long Term Debt change. Provide the following two answers only:

Cash Flow from Assets= $

2)During 2009, Raines Umbrella Corp. had sales of $734,000. Cost of goods sold, administrative and selling expenses, and depreciation expenses were $560,000, $101,000, and $130,000, respectively. In addition, the company had an interest expense of $101,000 and a tax rate of 40 percent (zero if negative income). Assume Raines Umbrella Corp. paid out $23,000 in cash dividends, spending on net fixed assets and net working capital was zero, and no new stock was issued during the year. Compute the firms Cash Flow from Assets, Cash Flow to Shareholders, net the two to get Cash Flow to Creditors, then back out the new net Long Term Debt change. Provide the following two answers only:

Net New LT Debt