2018 2016 $951 2017 $991 $1051 Budget Summary for the Wonderful Widget Company (in thousands of dollars) 2014 2015 Total Receipts $856 $910 Outlays Operating $522 $548 Employee Benefits $198 $222 Security $276 $301 Interest on Debt $0 $11 Total Outlays $996 $1082 Surplus/Deficit $140 - $172 Debt (accumulated) - $140 - $312 $599 $599 $200 $246 $251 $321 $26 $1197 - $246 - $558 $599 $251 $301 $46 $1197 -- $206 - $764 Use the accompanying budget summary for the Wonderful Widget Company to complete parts (a) through (d) below. Click the icon to view the budget summary a Based on the accumulated debt at the end of 2017, calculate the 2018 interest payment. Assume an interest rate of 8.2% The 2018 interest payment is 63000 dollars. (Round to the nearest thousand dollars as needed.) b. Calculate the total outlays for 2018, the year-end surplus or deficit, and the year-end accumulated debt For 2018, the total outlays is dollars. (Round to the nearest thousand dollars as needed.) 2018 2016 $951 2017 $991 $1051 Budget Summary for the Wonderful Widget Company (in thousands of dollars) 2014 2015 Total Receipts $856 $910 Outlays Operating $522 $548 Employee Benefits $198 $222 Security $276 $301 Interest on Debt $0 $11 Total Outlays $996 $1082 Surplus/Deficit $140 - $172 Debt (accumulated) - $140 - $312 $599 $599 $200 $246 $251 $321 $26 $1197 - $246 - $558 $599 $251 $301 $46 $1197 -- $206 - $764 Use the accompanying budget summary for the Wonderful Widget Company to complete parts (a) through (d) below. Click the icon to view the budget summary a Based on the accumulated debt at the end of 2017, calculate the 2018 interest payment. Assume an interest rate of 8.2% The 2018 interest payment is 63000 dollars. (Round to the nearest thousand dollars as needed.) b. Calculate the total outlays for 2018, the year-end surplus or deficit, and the year-end accumulated debt For 2018, the total outlays is dollars. (Round to the nearest thousand dollars as needed.)