Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2020 and 2021 Partial Balance Sheets 2020 2021 Liabilities and Owners' Equity 2020 2021 $ Current assets $ 1,308 1,443 Current liabilities $601 $643 Net fixed assets 5,092 6,175 Long-term debt 2,815 2,999 Assets PARROTHEAD ENTERPRISES 2021 Income Statement Sales Costs Depreciation Interest paid $16,114 7,288 1,465 456

Consider the following abbreviated financial statements for Parrothead Enterprises: a. What is owners' equity for 2020 and 2021 ? (Do not round intermediate calculations.) b. What is the change in net working capital for 2021? (Do not round intermediate calculations.) c-1. In 2021, Parrothead Enterprises purchased $2,700 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.) c-2. In 2021, Parrothead Enterprises purchased $2,700 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 21 percent. (Do not round intermediate calculations.) d-1. During 2021, Parrothead Enterprises raised $589 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? (Do not round intermediate calculations.) d-2. During 2021, Parrothead Enterprises raised $589 in new long-term debt. What is the cash flow to creditors? (Do not round intermediate calculations.) \begin{tabular}{|l|} \hline a. Owners' equity 2020 \\ \hline a. Owners' equity 2021 \\ \hline b. Change in NWC \\ \hline c-1. Fixed assets sold \\ \hline c-2. Cash flow from assets \\ \hline d-1. Debt retired \\ \hline d-2. Cash flow to creditors \\ \hline \end{tabular}