Based on the information above answer the following questions (round final answers to 2 decimal points):

1. By what amount did working capital change?

2. What was the percentage change in income tax?

3. What was the amount of cash collects from customers in year 2

4. What was the percentage change for the markup realized on sales? (Round to 1 decimal place)

OOne-third was credit sales. During Year 2, cash dividends amounting to $6,500 were declared and paid