Cash flow to creditors. Use the data from the following financial statements in the popup window. The company paid interest expense of $18,600 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 $ (Round to the nearest dollar) The net new borrowing is $ The cash flow to creditors is $ (Round to the nearest dollar) (Round to the nearest dollar) (Click on the following icon in order to copy its contents into a spreadsheet.). Partial Income Statement Year Ending 2017 Sales revenue $350,100 Cost of goods sold $141,800 Fixed costs $43,000 Selling, general, and administrative expenses $28,000 Depreciation $46,200 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS Cash Accounts receivable Inventories $14,100 $19,200 $48,100 Long-term debt $189,900 Fixed assets $367,800 OWNERS' EQUITY Accumulated depreciation $140,700 Retained earnings Intangible assets. $82,200 Common stock $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) LIABILITIES $15,800 Notes payable $28,200 Accounts payable ASSETS Cash Accounts receivable Inventories Partial Balance Sheet 12/31/2016 LIABILITIES $15,800 Notes payable $14,100 $28,200 Accounts payable $19,200 $48,100 Long-term debt $189,900 Fixed assets $367,800 OWNERS' EQUITY Accumulated depreciation $140,700 Retained earnings Intangible assets $82,200 Common stock $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS Cash Accounts receivable LIABILITIES $25,800 Notes payable $12,100 $18,800 Accounts payable $23,800 Inventories $52,800 Long-term debt $162,200 Fixed assets $447,800 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $81,900 Common stock $181,800