2013	2014
Sales		$2100
Cost of Goods Sold		$1200
Other operating expenses		$200
Depreciation Expense		$225
Interest Expense		$175
Current Assets	$1000	$1300
Total Fixed Assets	$3500	$4000
Accumulated Depreciation	$1250	This can be determined from the information given
Current Liabilities	$900	$975
Long-term Debt	$1500	$1350
Common Stock	$400	$923.25

A company has the financial data above for years 2013 and 2014. The companys average tax rate is 35% and the companys plowback ratio is .65.

A) Construct the 2014 Income Statement.

B) Construct the 2013 and 2014 Balance Sheets.

C) Find Operating Cash Flow.

D) Find Net Capital Spending

E) Find the change in Net Working Capital.

F) Find Cash Flow to Creditors.

G) Find Cash Flow to Shareholders.

H) Find Free Cash Flow.

I) If you happen to know for a fact that this company sold fixed assets for $6,000 over the year, how much in fixed assets must they have purchased?

J) If you happen to know for a fact that this company repurchased $2,000 in shares of stock over the year, how much must they have issued in new stock?