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Cash flow to owners. Use the data from the following financial statements in the popup window, The company paid interest expense of 518,600 for 2017
Cash flow to owners. Use the data from the following financial statements in the popup window, The company paid interest expense of 518,600 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow to owners for 2017 by parts and total, with the parts being dividends paid and increases in borrowing from owners (change in common stock and paid-in-surplus) The distributed earnings is $. (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 $350,200 Cost of goods sold $141,900 Fixed costs $43,000 Selling, general, and administrative expenses $28,000 Depreciation $45,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $13,8001 Accounts receivable $18,900 Inventories $189,800 $16,100 Notes payable $28,200 Accounts payable $47,800 Long-term debt $368,200 OWNERS' EQUITY $142,000 Relained earnings $82,000|Common stock Fixed assets Accumulated depreciation Intangible assets $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 LIABILITIES ASSETS Cash $12,000 Accounts receivable $24,2001 Inventories $26,000 Noles payable $19,100 Accounts payable $53,100 Long-term debl $448,000 OWNERS' EQUITY Relained earnings $81,800|Common stock $162,200 Fixed assets Accumulated depreciation Intangible assets $181,900
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