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Calculate the operating cash flow. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the change
Calculate the operating cash flow. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the change in net working capital. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the net capital spending. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the cash flow from assets. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the cash flow to creditors. Note: Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Calculate the cash flow to stockholders. Note: A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32. Sales $ 572,200 Costs of goods sold 273,955 Selling & administrative 124,719 Depreciation 54,562 EBIT $ 118,964 Interest 19,604 EBT $ 99,360 Taxes 39,744 Net income $ 59,616 Dividends $ 11,000 Addition to retained earnings 48,616 GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2021 Cash $ 13,460 Accounts payable $ 9,490 Accounts receivable 18,980 Notes payable 14,494 Inventory 13,808 Current liabilities $ 23,984 Current assets $ 46,248 Long-term debt $ 135,680 Net fixed assets $ 344,846 Owners' equity $ 231,430 Total assets $ 391,094 Total liabilities and owners equity $ 391,094 GRAFFITI ADVERTISING, INCORPORATED Balance Sheet as of December 31, 2022 Cash $ 14,446 Accounts payable $ 10,526 Accounts receivable 21,085 Notes payable 16,480 Inventory 22,768 Current liabilities $ 27,006 Current assets $ 58,299 Long-term debt $ 153,400 Net fixed assets $ 406,297 Owners' equity $ 284,190 Total assets $ 464,596 Total liabilities and owners equity $ 464,596
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