CABO WABO, INC Partial Balance Sheets as of December 31, 2015 and 2016 20152016 Current assets Net fixed assets Liabilities and s 2,809 $ 2,932 Current liabilities S 1,079 S 1,637 6,505 7,790 12,607 13,151 Long-term debt CABO WABO, INC 2016 Income S Sales Costs Depreciation Interest paid $ 40,230 20,138 3,493 678 a. What is owners' equity for 2015 and 2016? (Do not round intermediate calculations and round your answers to the nearest whole number, a.g, 3 Owners' equity 2015 2016 b. What is the change in net working capital for 2016 (A negative answer should be indicated by a minus sign. Do not round intermediate calculations round your answer to the nearest whole number, e.g., 32.) c. In 2016, the company purchased $6,066 in new fixed assets. The tax rate is 40 percent 1. How much in fixed assets did the company sell? (Do not round intermediate calculations and round your answer to the nearest whole number, eg22 Fixed assets sold S 2. What is the cash flow from assets for the year? (Do not round int Cash flow from assets d. During 2016, the ermediste calculations and round your answer to the nearsat nole numbar: , .) ny raised S$1,960 in new long-term debt PC