Graffiti Advertising, Inc., reported the following financial statements for the last two years. 2019 Income Statement Sales 565,200 $ 274,025 Costs of goods sold Selling & administrative Depreciation 124,733 54,576 EBIT Interest $ 111,866 19,296 EBT Taxes $ 92,570 48,137 Net income $ 44,433 Dividends Addition to retained earnings $ 9,600 $ 34,833 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2018 Cash $ 13,320 Accounts payable Accounts receivable 18,994 Notes payable Inventory 13,794 Current liabilities Current assets $ 46,108 Long-term debt $ 9,504 14,508 $ 24,012 136,800 Net fixed assets $344,426 Owners' equity $ Total assets $ 229,722 Total liabilities $390,534 and owners' equity $ 390,534 GRACE $ 10,512 16,466 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2019 Cash $ 14,306 Accounts payable Accounts receivable 21.099 Notes payable Inventory 22,754 Current liabilities Current assets $ 58,159 Long-term debt Net fixed assets 406,311 Owners' equity $ 26,978 152,000 $ $ $285,492 Total assets $464,470 Total liabilities and owners' equity $ 464.470 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.) Saved 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.) a. Operating cash flow b. Change in net working capital c. Net capital spending d. Cash flow from assets e Cash flow to creditors f. Cash flow to stockholders