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Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $150,900; costs = $88,000; other expenses = $4,900; depreciation expense =
Jetson Spacecraft Corp. shows the following information on its 2009 income statement: sales = $150,900; costs = $88,000; other expenses = $4,900; depreciation expense = $8,000; interest expense = $18,000; taxes = $8,960; dividends = $11,520. In addition, you're told that the firm issued $6,150 in new equity during 2009 and redeemed $6,200 in outstanding long-term debt. If net fixed assets increased by $5,500 during the year, the addition to NWC is
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