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Blue Sun Corporation has the following Income statement and balance sheet for 2978. What is the firms Net Capital Spending (NCS)? (Round to nearest penny

Blue Sun Corporation has the following Income statement and balance sheet for 2978. What is the firms Net Capital Spending (NCS)? (Round to nearest penny and do not enter commas, e.g. 1234.56)

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2978 Income Statement Revenue 195763 Costs 10510 Depreciation 15235 Ebit Interest Expense 7892 Taxable Income Tax Expense @ 22% Net Income 2978 Balance Sheet Year 2977 2978 2977 2978 16654 16198 12975 16523 Current Assets Current Liabilities 156852 169769 131205 145523 Fixed Assets Long- Term Debt 32264 33695 Common Stock

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