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28 New Town Industries Tax rate 35% Revenues Cost of goods sold Interest Dividends Depreciation Administrative expenses Cash Inventory Accounts payable Long-term debt Accounts receivable

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28 New Town Industries Tax rate 35% Revenues Cost of goods sold Interest Dividends Depreciation Administrative expenses Cash Inventory Accounts payable Long-term debt Accounts receivable Common stock Net fixed assets 2015 2014 $42,629 $37,911 23,704 24,832 1,230 1,584 1,200 600 2,609 2,814 7,040 6,820 3,671 2,969 3,968 4,503 2,325 3,760 19,105 25,900 4,601 5,318 22,600 19,800 41,260 42,110 What is net capital spending for 2015? A) -$850 B) $1,759 C) $3,459 D) $2.057

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