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2 0 1 9 and 2 0 2 0 Partial Balance Sheets Assets Liabilities and Owners Equity 2 0 1 9 2 0 2 0

2019 and 2020 Partial Balance Sheets
Assets Liabilities and Owners Equity
2019202020192020
Current assets $ 1,218 $ 1,287 Current liabilities $ 550 $ 588
Net fixed assets 5,7476,023 Long-term debt 3,2043,453
WESTON ENTERPRISES
2020 Income Statement
Sales $ 17,421
Costs 5,167
Depreciation 1,508
Interest paid 672
a. What was owners' equity for 2019 and 2020?(Do not round intermediate calculations.)
b. What was the change in net working capital for 2020?(Do not round intermediate calculations.)
c-1. In 2020, the company purchased $3,086 in new fixed assets. How much in fixed assets did the company sell? (Do not round intermediate calculations.)
c-2. In 2020, the company purchased $3,086 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 24 percent. (Do not round intermediate calculations.)
d-1. During 2020, the company raised $742 in new long-term debt. How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations.)
d-2. During 2020, the company raised $742 in new long-term debt. What was the cash flow to creditors? (Do not round intermediate calculations.)
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