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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

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)

2978 Income Statement
Revenue 246938
Costs 24630
Depreciation 18001
Ebit
Interest Expense 12665
Taxable Income
Tax Expense @ 22%
Net Income

2978 Balance Sheet
Year 2977 2978 2977 2978
Current Assets 15198 17149 Current Liabilities 17325 16935
Fixed Assets 146954 164719 Long-Term Debt 144831 154524
Common Stock 33677 33310

Abstergo Industries has the following Income statement and balance sheet for 2050. What is the firms Net Capital Spending (NCS) ? (Round to nearest penny and do not enter commas, e.g. 1234.56)

2050 Income Statement
Revenue 223589
Costs 71246
Depreciation 17702
Ebit
Interest Expense 11474
Taxable Income
Tax Expense @ 22%
Net Income

2050 Balance Sheet
Year 2049 2050 2049 2050
Current Assets 17069 15082 Current Liabilities 16112 15842
Fixed Assets 159427 164105 Long-Term Debt 126617 142068
Common Stock 32999 39107

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