Davis Inc. shows the following information on its annual income statement.

Item	Amount
Sales	$185,000
Costs	98,000
Other expenses	6,700
Depreciation expense	16,500
Interest expense	9,000
Current taxes	19,180

In addition, you are told the company paid dividends of $9,500, issued equity of $7,550, and retired debt of $7,100 during the year.

1. What is the operating cash flow for the year?

2. What is the cash flow to creditors?

3. What is the cash flow to stockholders?

4. Assume the operating cash flow is $60,000, the total cash flow to creditors is $2,000, and the total cash flow to stockholders is $16,000. During the year, the firm purchased additional fixed assets for $30,000 and did not sell any assets. What was the increase or decrease in the net working capital of the firm?