Graffiti Advertising, Inc. reported the income statement for the accounting year of 20X1 and the balance sheets of 20X0 and 20X1. However, some information in these financial statements (highlighted in yellow) somehow is missing. Use the information available in these financial statements to fill in the missing information, and then answer following questions about the accounting year of 20X1. (The unit of all numbers in the tables is $ in millions.) GRAFFITI ADVERTISING, INC. 20X1 Income Statement Sales 583,620 Costs of goods sold 272,378 Selling and administrative 111,091 Depreciation 57,347 EBIT Interest 18,998 Taxes 39,026 Net income Dividends Addition to retained earnings 49,109 GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 20X0 Cash 12,698 Accounts payable 9,903 Accounts receivable 19,034 Notes payable 15,002 Inventory 10,968 Current liabilities Current assets Long-term debt 136,926 Net fixed assets 359,012 Owner's equity Total assets Total liabilities & equity GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 20X1 Cash 14,091 Accounts payable 10,789 Accounts receivable 22,487 Notes payable 16,790 Inventory 24,378 Current liabilities Current assets Long-term debt 169,996 Net fixed assets 418,416 Owner's equity Total assets Total liabilities & equity

a. Calculate the operating cash flow. Operating cash flow: $

b. Calculate the change in net working capital. Change in net working capital: $

c. Calculate the net capital spending. Net capital spending: $

d. Calculate the cash flow from assets. Cash flow from assets: $

e. Calculate the cash flow to creditors. Cash flow to creditors: $

f. Calculate the cash flow to stockholders. Cash flow to stockholders: $ 23 points