Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 Current assets $1,218 $1,323 Current liabilities Net fixed assets 4,987 6,010 Long-term debt 2017 2018 496 $ 553 2,650 2,819 PARROTHEAD ENTERPRISES 2018 Income Statement 15,394 Sales Costs Depreciation Interest paid 7153 1,375 396 a. What is owners' equity for 2017 and 2018? (Do not round intermediate b. What is the change in net working capital for 2018? (Do not round intermediate c-1. In 2018, Parrothead Enterprises purchased $2,520 in new fixed assets. How much calculations.) calculations.) in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.) c-2. In 2018, Parrothead Enterprises purchased $2,520 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 22 percent. (Do not round intermediate calculations.) d-1. During 2018, Parrothead Enterprises raised $514 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 2018, Parrothead Enterprises raised $514 in new long-term debt. What is the cash flow to creditors? (Do not round intermediate calculations.) a.Owners' equity 2017 Owners' equity 2018 b. Change in NWC C-1. Fixed assets sol c-2. Cash flow from assets d-1. Debt retired d-2. Cash flow to creditors