1)Penguin Pucks, Inc., has current assets of $5,200, net fixed assets of $25,200, current liabilities of $4,250, and long-term debt of $9,400. What is the value of the shareholders? equity account for this firm? Shareholders' equity______$ How much is net working capital? Net working capital_______$ 2)Billy?s Exterminators, Inc., has sales of $598,000, costs of $296,000, depreciation expense of $48,000, interest expense of $34,000, and a tax rate of 35 percent. What is the net income for this firm? Net income______$ 3)Klingon Widgets, Inc., purchased new cloaking machinery five years ago for $5 million. The machinery can be sold to the Romulans today for $4.1 million. Klingon?s current balance sheet shows net fixed assets of $2.8 million, current liabilities of $720,000, and net working capital of $217,000. If all the current assets were liquidated today, the company would receive $0.99 million cash. What is the book value of Klingon?s total assets today? Book value of total assets_______$ What is the market value? Market value of total assets_______$ 4)The Anberlin Co. had $273,000 in 2011 taxable income. Use the tax rates from Table 2.3.(attached) What is the average tax rate? (Round your answer to 2 decimal places. (e.g., 32.16)) Average tax rate________% What is the marginal tax rate? Marginal tax rate________% 5)Chevelle, Inc., has sales of $43,000, costs of $25,100, depreciation expense of $1,500, and interest expense of $1,500. If the tax rate is 35 percent, what is the operating cash flow, or OCF? Operating cash flow________$ 6) You are given the following information for Calvani Pizza Co.: sales = $48,000; costs = $21,200; addition to retained earnings = $6,500; dividends paid = $1,300; interest expense = $5,200; tax rate = 35 percent. Calculate the depreciation expense. (Do not round intermediate calculations and round your final answer to nearest whole dollar amount.) Depreciation expense______$