Cash flow to creditors. Use the data from the following financial statements in the popup window, The company paid interest expense of $ 17 comma 600 for 2017 and had an overall tax rate of 40 % for 2017. Find the cash flow to creditors for 2017 by parts and total, with the parts being interest expense and increases or decreases in borrowing (long-term debt).

The interest expense for the year is

The net new borrowing is

The cash flow to creditors is

0 Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,200 Notes payable Accounts receivable $27,800 Accounts payable Inventories $47,900 Long-term debt Fixed assets $368,100 OWNERS' EQUITY Accumulated depreciation $141,600 Retained earnings Intangible assets $82,200 Common stock $14,000 $19,200 $190,100 $131,900 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES $25,800 Notes payable $18,800 Accounts payable $52,900 Long-term debt $447,900 OWNERS' EQUITY Retained earnings $82,200 Common stock $12,200 $24,000 $161,900 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000 Print Done 0 Data Table (Click on the following icon ASSETS in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 LIABILITIES $16,200 Notes payable $27,800 Accounts payable $47,900 Long-term debt $368,100 OWNERS' EQUITY $141,600 Retained earnings $82,200 Common stock Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets $14,000 $19,200 $190,100 $131,900 (Click on the following icon ASSETS Cash Accounts receivable in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES $25,800 Notes payable $18,800 Accounts payable $52,900 Long-term debt $447,900 OWNERS' EQUITY Retained earnings $82,200 Common stock $12,200 $24,000 $161,900 Inventories Fixed assets Accumulated depreciation Intangible assets $182,000 Print Done