\begin{tabular}{|c|c|c|c|c|} \hline Numbers in thousands & & & & \\ \hline \begin{tabular}{l} INCOME \\ STATEMENT \end{tabular} & 2023 & BALANCE SHEET & 2023 & 2022 \\ \hline & & & & \\ \hline Sales & 46,000 & Cash & 600 & 630 \\ \hline Cost of Goods Sold & 25,800 & Accounts Receivable & 3,460 & 4,400 \\ \hline Gross Margin & 20,200 & Inventories & 9,770 & 10,160 \\ \hline & & Prepaid Expenses & 1,180 & 1.970 \\ \hline Depreciation & 2,000 & Current Assets & 15,010 & 17,160 \\ \hline \begin{tabular}{l} Other Selling, Gen. \& \\ Admin. \end{tabular} & 4,500 & Fixed Assets, net & 67,990 & 52,260 \\ \hline \begin{tabular}{l} Earnings before interest \\ and taxes \end{tabular} & 13,700 & Total Assets & 83,000 & 69,420 \\ \hline & & & & \\ \hline Interest expense & 3.600 & Accounts Payable & 6,300 & 7,630 \\ \hline Income before taxes & 10,100 & Accrued Liabilities & 4.060 & 4.800 \\ \hline & & Current Liabilities & 10,360 & 12.430 \\ \hline Taxes & 3.050 & & & \\ \hline & & Long-Term Debt & 39,070 & 28,350 \\ \hline Net income & 7,050 & & & \\ \hline & & Common Stock & 7,880 & 8,400 \\ \hline Dividends & 1,600 & Retained Earnings & 25,690 & 20,240 \\ \hline & & \begin{tabular}{l} Stockholders' \\ Equity \end{tabular} & 33,570 & 28.640 \\ \hline & & \begin{tabular}{l} Total Liabilities \\ and Equity \end{tabular} & 83,000 & 69,420 \\ \hline \end{tabular} 5. Calculate a. 2023 Operating Cash Flow b. 2023 Net Capital Spending c. 2023 Change in Net Working Capital