During 2019, Rainbow Umbrella Corp. had sales of 860,000. Costs of goods sold, administrative and selling expenses of 680,000, 85,000, and 10,000 respectively. In addition the company had an interest expense of 55,000 and a tax rate or 21%.

Suppose the company paid out 9,000 in cash dividends, capital spending on fixed assets was zero. Similarily the net working capital was zero. No new stock was issued during the year.

A) What is cash flow from assets?

B) What is cash flow to stockholders?

C) What is cash flow to bondholders?

D) What is the new debt issued?