Consider the following abbreviated financial statements for Parrothead Enterprises PARROTHEAD ENTERPRISES 2010 and 2011 Partial Balance Sheets 2010 2011 3,767 4,536 Long-term debt Assets Liabilities and Owners' Equity Current assets Net fixed assets 2010 2011 $ 365 $ 410 1,991 2,117 $ 914 $ 990 Current liabilities PARROTHEAD ENTERPRISES 2011 Income Statement Sales Costs Depreciation Interest paid $11,592 5,405 1,033 294 a. What is owners' equity for 2010 and 2011? Owners' equity 2010 Owners' equity 2011 b. What is the change in net working capital for 2011? Change in NWC c1. In 2011, Parrothead Enterprises purchased $1,890 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? Fixed assets sold c2. In 2011, Parrothead Enterprises purchased $1,890 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35 percent.) Cash flow from assets d1. During 2011, Parrothead Enterprises raised $378 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? Debt retired d2. During 2011, Parrothead Enterprises raised $378 in new long-term debt. What is the cash flow to creditors? Cash flow to creditors