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Freeman, Inc., reported the following financial statements for the last two years. FREEMAN, INC. 2017 Income Statement Sales $ 565,380 Cost of goods sold 273,935

Freeman, Inc., reported the following financial statements for the last two years.

FREEMAN, INC.
2017 Income Statement
Sales $ 565,380
Cost of goods sold 273,935
Selling & administrative 124,715
Depreciation 54,558
EBIT $ 112,172
Interest 19,314
EBT $ 92,858
Taxes 48,286
Net income $ 44,572
Dividends $ 11,400
Addition to retained earnings $ 33,172

FREEMAN, INC. Balance Sheet as of December 31, 2016
Cash $ 13,500 Accounts payable $ 23,976
Accounts receivable 18,976
Inventory 13,812
Current assets $ 46,288 Long-term debt 135,000
Net fixed assets 344,444 Owners' equity 231,756
Total assets $ 390,732 Total liabilities and owners' equity $ 390,732

FREEMAN, INC. Balance Sheet as of December 31, 2017
Cash $ 14,486 Accounts payable $ 27,014
Accounts receivable 21,081
Inventory 22,772
Current assets $ 58,339 Long-term debt 153,800
Net fixed assets 406,293 Owners' equity 283,818
Total assets $ 464,632 Total liabilities and owners' equity $ 464,632

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. A negative answer 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 calculations. A negative answer should be indicated by a minus sign.) Cash flow to stockholders $

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