Consider the following abbreviated financial statements for Cabo Wabo, Inc.:

CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019
		2018		2019			2018		2019
Assets					Liabilities and Owners Equity
Current assets	$	3,124	$	3,334	Current liabilities	$	1,381	$	2,048
Net fixed assets		14,027		14,508	Long-term debt		7,341		8,386

CABO WABO, INC. 2019 Income Statement
Sales	$	44,955
Costs		22,507
Depreciation		3,867
Interest paid		1,001

a.	What is owners equity for 2018 and 2019? (Do not round intermediate calculations and round your answers to the nearest whole number, e.g., 32.)
b.	What is the change in net working capital for 2019? (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.)
c-1.	In 2019, the company purchased $8,011 in new fixed assets. The tax rate is 25 percent. How much in fixed assets did the company sell? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
c-2.	What is the cash flow from assets for the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
d-1.	During 2019, the company raised $2,461 in new long-term debt. What is the cash flow to creditors? (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.)
d-2.	How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)

Answers:

a.2018 Owners' equity- $8,429

2019 Owners' equity- $7,408

b.Change in net working capital __________

c-1.Fixed assets sold- $3,663

c-2.Cash flow from assets __________

d-1.Cash flow to creditors __________

d-2.Debt retired- $1,416