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Freeman, Inc., reported the following financial statements for the last two years. 2014 Income Statement 565,250 Sales $ 274,000 Cost of goods sold Selling &

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Freeman, Inc., reported the following financial statements for the last two years. 2014 Income Statement 565,250 Sales $ 274,000 Cost of goods sold Selling & administrative 124,728 Depreciation 54,571 EBIT Interest $ 111,951 19,301 EBT Taxes $ 92,650 48,178 Net income $ 44,472 Dividends Addition to retained earnings $ 10,100 $ 34,372 $ 24,002 FREEMAN, INC. Balance Sheet as of December 31, 2013 Cash $ 13,370 Accounts payable Accounts receivable 18,989 Inventory 13,799 Current assets $ 46,158 Long-term debt $ 136,300 Net fixed assets $ 344,431 Owners' equity $ 230,287 Total assets $390,589 Total liabilities and Owners' 390,589 $ equity 26,988 $ FREEMAN, INC. Balance Sheet as of December 31, 2014 Cash $ 14,356 Accounts payable Accounts receivable 21,094 Inventory 22,759 Current assets $58,209 Long-term debt 152,500 $ Net fixed assets $406,306 $285,027 Owners' equity Total assets 464,515 Total liabilities and Owners! $ 464,515 $ equity Requirement 1: Calculate the operating cash flow. (Do not round Intermediate calculations.) Operating cash flow Requirement 2: Calculate the change in net working capital. (Do not round intermediate calculations.) Change in net working capital Requirement 3: Calculate the net capital spending. (Do not round Intermediate calculations.) Net capital spending Requirement 4: Calculate the cash flow from assets. (Do not round Intermediate calculations.Negative amount should be indicated by a minus sign.) Cash flow from assets Requirement 5: Calculate the cash flow to creditors. (Do not round intermediate calculations.) Cash flow to creditors Requirement 6: Calculate the cash flow to stockholders. (Do not round intermediate calc Negative amount should be indicated by a minus sign.) Cash flow to stockholders $

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