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Consider the following abbreviated financial statements for Cabo Wabo, Inc.: a. What is owners' equity for 2015 and 2016? (Do not round Intermediate calculations and

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Consider the following abbreviated financial statements for Cabo Wabo, Inc.: a. What is owners' equity for 2015 and 2016? (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 2016? (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.) Change in net working capital $ c. In 2016, the company purchased $5, 666 in new fixed assets. The tax rate is 40 percent. 1. How much in fixed assets did the company sel? (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Fixed assets sold $ 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.) Cash flow assets $

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