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

2019 Income Statement
Sales	$	574,700
Costs of goods sold		273,930
Selling & 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

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2018
Cash	$	13,510	Accounts payable	$	9,485
Accounts receivable		18,975	Notes payable		14,489
Inventory		13,813
			Current liabilities	$	23,974
Current assets	$	46,298	Long-term debt	$	135,280
Net fixed assets	$	344,996	Owners' equity	$	232,040
Total assets	$	391,294	Total liabilities and owners equity	$	391,294

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2019
Cash	$	14,496	Accounts payable	$	10,531
Accounts receivable		21,080	Notes payable		16,485
Inventory		22,773
			Current liabilities	$	27,016
Current assets	$	58,349	Long-term debt	$	153,900
Net fixed assets	$	406,292	Owners' equity	$	283,725
Total assets	$	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.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.)