a. Find the cash flow from assets:

b. Find cash flow to creditors:

c. Find cash flow to owners:

\begin{tabular}{|l|r|} \hline \multicolumn{2}{|c|}{ Partial Income Statement Year Ending 2017} \\ \hline Sales revenue & $351,600 \\ \hline Cost of goods sold & $141,300 \\ \hline Fixed costs & $43,400 \\ \hline Selling, general, and administrative expenses & $28,300 \\ \hline Depreciation & $46,500 \\ \hline \end{tabular} \begin{tabular}{|l|r|l|r|} \hline \multicolumn{3}{|c|}{ Partial Balance Sheet 12/31/2016 } \\ \hline ASSETS & & LIABILITIES & \\ \hline Cash & $15,700 & Notes payable & $13,700 \\ Accounts receivable & $27,600 & Accounts payable & $18,900 \\ Inventories & $47,600 & Long-term debt & $192,400 \\ \cline { 3 - 4 } Fixed assets & $367,600 & OWNERS' EQUITY & \\ \cline { 3 - 5 } Accumulated depreciation & $142,400 & Retained earnings & $128,600 \\ \hline Intangible assets & $82,200 & Common stock & \\ \hline \end{tabular} Cash flow identity. Use the data from the following financial statements in the popup window, . The company paid interest expense of $18,600 for 2017 and had an overall tax rate of 40% for 2017 . Verify the cash flow identity: cash flow from assets = cash flow to creditors + cash flow to owners \begin{tabular}{|l|r|l|r|} \hline \multicolumn{3}{|c|}{ Partial Balance Sheet 12/31/2017 } \\ \hline ASSETS & & LIABILITIES & $12,500 \\ \hline Cash & $26,400 & Notes payable & $24,300 \\ Accounts receivable & $19,400 & Accounts payable & $162,500 \\ Inventories & $53,600 & Long-term debt & \\ \cline { 3 - 4 } Fixed assets & $448,200 & OWNERS' EQUITY & \\ \cline { 2 - 4 } Accumulated depreciation & & Retained earnings & $183,200 \\ \hline \end{tabular}