Based on the following information for York Developments Inc., answer the questions below. The tax rate is 40%.

2020 2021

000s 000s

Sales 4,203 4,507

COGS 2,422 2,633

Depreciation 785 952

Interest expense 180 196

Dividends 225 250

Current Assets 2,205 2,429

Net Fixed Assets 7,344 7,650

Current Liabilities 1,003 1,255

Long Term debt 3,106 2,085

a) What is the Owners Equity for 2021? (2 mark)

b) What was the increase or decrease in net working capital between 2020 and 2021? (2 marks)

c) Calculate Net Income for 2021. (2 marks)

d) Calculate the operating cash flow for 2021. (3 marks)

e) What is the capital asset spending for 2021? (2 marks)

f) What is the combined cash flow from assets for 2021? (3 marks)