Consider the following abbreviated financial statements for Parrothead Enterprises:

Parrothead Enterprises
t-1 and t Partial Balance Sheets
Assets						Liabilities and Owners' Equity
		Year		Year				Year		Year
		t-1		t				t-1		t
Current assets		653		707		Current liabilities		261		293
Non-current assets		2,691		3,240		Non-current liabilities		1,422		1,512

Parrothead Enterprises
Year t Income Statement
Sales	8,280
Costs	3,861
Depreciation	738
Interest paid	211

Required:
a.	What is owners' equity for year t-1?
	Owners' equity for t-1
	What is owners' equity for year t?
	Owners' equity for t

b.	What is the change in net working capital for year t?
	Change in net working capital

c.	In year t, Parrothead Enterprises had capital expenditure of 1,350. How much in non-current assets did Parrothead Enterprises sell?
	Non-current assets sold
	What is the cash flow from investing activities for the year? (The tax rate is 28 per cent.)
	Cash flow from investing activities

d.	During year t, Parrothead Enterprises raised 270 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year?
	Long-term debt paid off
	What is the cash flow from financing activities?
	Cash flow from financing activities