Consider the following abbreviated financial statements for Weston Enterprises:

WESTON ENTERPRISES

2016 and 2017 Partial Balance Sheets

Assets Liabilities and Owners' Equity

2016 2017 2016 2017

Current assets$916 $995Current liabilities $365 $389

Net fixed assets3,797 4,540 Long-term debt1,994 2,122

WESTON ENTERPRISES

2017 Income Statement

Sales $11,600

Costs 5,440

Depreciation 1,000

Interest paid 150

a. What was owners' equity for 2016 and 2017? (Do not round intermediate calculations.)

Owners' equity 2016$____ Owners' equity 2017$_____

b. What was the change in net working capital for 2017? (Do not round intermediate calculations.)

Change in NWC$______

c-1 In 2017, the company purchased $1,800 in new fixed assets. How much in fixed assets did the company sell? (Do not round intermediate calculations.)

Fixed assets sold$_____

c-2 In 2017, the company purchased $1,800 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 30 percent. (Do not round intermediate calculations.)

Cash flow from assets$_____

d-1 During 2017, the company raised $370 in new long-term debt. How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations.)

Debt retired$______

d-2 During 2017, the company raised $370 in new long-term debt. What was the cash flow to creditors? (Do not round intermediate calculations.)

Cash flow to creditors$______