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Cash flow from assets. Use the data from the following financial statements in the popup window, B. The company paid interest expense of $17,200 for

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Cash flow from assets. Use the data from the following financial statements in the popup window, B. The company paid interest expense of $17,200 for 2014 and had an overall tax rate of 40% for 2014. Find the cash flow from assets for 2014, and break it into its three parts: operating cash flow, capital spending and change in net working capital. The operating cash flow is $. (Round to the nearest dollar.) The capital spending is $ . (Round to the nearest dollar.) The change in net working capital is $ . (Round to the nearest dollar) The cash flow from assets is $1. (Round to the nearest dollar.) Data Table 1 Partial Income Statement Year Ending 2014 Sales revenue $350,000 Cost of goods sold $142,000 Fixed costs $42,900 Selling, general, and administrative expenses $27,800 Depreciation $45,900 Partial Balance Sheet 12/31/2013 ASSETS Cash LIABILITIES $15,800 Notes payable $28,100 Accounts payable $48,000 Long-term debt $367,800 OWNERS' EQUITY $141,400 Retained earnings $82,000 Common stock $13,900 $18,900 $189,900 Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets $132,000 ASSETS Cash Accounts receivable Partial Balance Sheet 12/31/2014 LIABILITIES $26,100 Notes payable $19,100 Accounts payable $52,800 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $82,000 Common stock $11,900 $24,000 $162,200 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000

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