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Consider the following abbreviated financial statements for Weston Enterprises: WESTON ENTERPRISES 2016 and 2017 Partial Balance SheetsAssetsLiabilities and Owners' Equity2016201720162017Current assets$946$1,008Current liabilities$385$404Net fixed assets3,9074,600Long-term debt2,0292,197

Consider the following abbreviated financial statements for Weston Enterprises:

WESTON ENTERPRISES

2016 and 2017 Partial Balance SheetsAssetsLiabilities and Owners' Equity2016201720162017Current assets$946$1,008Current liabilities$385$404Net fixed assets3,9074,600Long-term debt2,0292,197

WESTON ENTERPRISES

2017 Income StatementSales$12,340Costs5,920Depreciation1,050Interest paid190

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-1In 2017, the company purchased $1,875 in new fixed assets. How much in fixed assets did the company sell?(Do not round intermediate calculations.)

Fixed assets sold$

c-2In 2017, the company purchased $1,875 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 35 percent.(Do not round intermediate calculations.)

Cash flow from assets$

d-1During 2017, the company raised $420 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-2During 2017, the company raised $420 in new long-term debt. What was the cash flow to creditors?(Do not round intermediate calculations.)

Cash flow to creditors$

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