5. (from ch.6) Cindy made $50,000 in year 1 and $60,000 in year 2. She had the following yearly outflows: Year 1 Year 2 Nondiscretionary $25,000 $27,000 Discretionary $10,000 $12,000 Capital Expenditures $5,000 $13,000 Debt Repayment 0 $6,000 Calculate Cindys operating cash flow and net cash flow for each year. 6. (ch.7) Kim is in financial difficulty. He owes $5,000 and cannot pay it back now. Should he declare bankruptcy? Why? What do you think h