Graffiti Advertising, Inc., reported the following financial statements for the last two years. 2016 Income Statement Sales $574,700 Costs of goods sold 273,93 Selling and administrative 124,714 Depreciation 54,557 EBIT $121,499 Interest 19,714 EBT $101,785 Taxes 40,714 Net income $ 61,071 Dividends $ 11,500 Addition to retained earnings $ 49,571 Cash Accounts receivable Inventory Current assets Net fixed assets Total assets GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2015 $ 13,510 Accounts payable $ 9,485 18,975 Notes payable 14,489 13,813 Current liabilities $ 23,974 $ 46,298 Long-term debt $135,280 $344,996 Owner's equity $232 040 $391, 294 Total liabilities and owners' equity $391, 294 Cash Accounts receivable Inventory Current assets Net fixed assets Total assets GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2016 $ 14, 496 Accounts payable $ 10,531 21,080 Notes payable 16,485 22,773 Current liabilities $ 27,816 $ 58,349 Long-term debt $153,900 $406,292 Owner's equity $283 725 $464,641 Total liabilities and owners' equity $464,641 $ a. Calculate the operating cash flow. (Do not round Intermediate calculations and round your answer to the nearest whole number, e-9- 32.) Operating cash flow 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.) Change in net working capital c. Calculate the net capital spending. (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g. 32.) Net capital spending 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.) Cash flow from assets e. Calculate the cash flow to creditors. (Do not round Intermediate calculations and round your answer to the nearest whole number, e.g., 32.) Cash flow to creditors $ 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.) Cash flow to stockholders $