Graffiti Advertising, Inc., reported the following financial statements for the last two years. 2019 Income Statement Sales $ 566,700 Costs of goods sold 274,010 Selling & administrative 124,730 Depreciation 54,573 EBIT Interest $ 113,387 19,362 EBT Taxes $ 94,025 37,610 Net income $ 56,415 5 Dividends Addition to retained earnings $ 9,900 $ 46,515 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2018 Cash $ 13,350 Accounts payable Accounts receivable 18,991 Notes payable Inventory 13,797 Current liabilities Current assets $ 46,138 Long-term debt $ 9,501 14,505 $24,006 136,560 Net fixed assets $ 344,516 Owners' equity 230,088 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2018 Cash $ 13,350 Accounts payable Accounts receivable 18,991 Notes payable Inventory 13,797 Current liabilities Current assets $ 46,138 Long-term debt $ 9,501 14,505 $24,006 $ 136,560 Net fixed assets $ 344,516 Owners' equity 230,088 Total assets Total liabilities $390,654 and owners' equity 390,654 $ GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2019 Cash $ 14,336 Accounts payable Accounts receivable 21,096 Notes payable Inventory 22,757 Current liabilities $ 10,515 16,469 $ 26,984 Current assets $ 58,189 Long-term debt 152,300 $ Net fixed assets $406,308 Owners' equity 285,213 $ Total assets 464,497 Total liabilities and owners' equity $ 464,497 a. Calculate the operating cash flow. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) b. Calculate the change in net working capital. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) c. Calculate the net capital spending. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) d. Calculate the cash flow from assets. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) e. Calculate the cash flow to creditors. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) f. Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.) es a. Operating cash flow b. Change in net working capital C. Net capital spending d. Cash flow from assets 0. Cash flow to creditors f. Cash flow to stockholders