Graffiti Advertising, Inc., reported the following financial statements for the last two years. (Enter your answer as directed, but do not round intermediate calculations.)

2014 Income Statement
Sales	$	621,720
Costs of goods sold		334,427
Selling & administrative		137,206
Depreciation		60,033
EBIT	$	90,054
Interest		21,226
EBT	$	68,828
Taxes		27,531
Net income	$	41,297
Dividends	$	15,600
Addition to retained earnings	$	25,697

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2013
Cash	$	14,652	Accounts payable	$	10,535
Accounts receivable		20,893	Notes payable		15,858
Inventory		15,173
			Current liabilities	$	26,393
Current assets	$	50,718	Long-term debt	$	150,500
Net fixed assets	$	378,869	Owner's equity	$	252,694
Total assets	$	429,587	Total liabilities and owners equity	$	429,587

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2014

Cash

$

15,737

Accounts payable

$

11,563

Accounts receivable

23,209

Notes payable

18,113

Inventory

25,029

Current liabilities

$

29,676

Current assets

$

63,975

Long-term debt

$

167,200

Net fixed assets

$

446,942

Owner's equity

$

314,041

Total assets

$

510,917

Total liabilities and owners equity

$

510,917

Requirement 3:

Calculate the net capital spending.

Net capital spending

$

Requirement 4:

Calculate the cash flow from assets.

Cash flow from assets

$

Requirement 5:

Calculate the cash flow to creditors.

Cash flow to creditors

$

Requirement 6:

Calculate the cash flow to stockholders.