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n 17 of 21 (0 complete) V n Cash ow from assets. Use the data from the following nancial statements in the popup window, a

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n 17 of 21 (0 complete) V n Cash ow from assets. Use the data from the following nancial statements in the popup window, a . The company paid interest expense of $18,500 for 2014 and had an overall tax rate of 40% for 2014. Find the cash ow from assets for 2014, and break it into its three parts: operating cash ow, capital spending, and change in net working capital. The operating cash ow is $D. (Round to the nearest dollar.) The capital spending is $D. (Round to the nearest dollar.) The change in net working capital is $D. (Round to the nearest dollar.) The cash ow from assets is $D. (Round to the nearest dollar.) Partial Income Statement Year Ending 2014 Sales revenue $350,000 Cost of goods sold $141,800 Fixed costs $42,900 Selling, general, and administrative expenses $28,200 Depreciation $46,200 Partial Balance Sheet 12/31/2013 ASSETS LIABILITIES Cash $16,100 Notes payable $14,000 Accounts receivable $27,900 Accounts payable $18,900 Inventories $47,800 Long-term debt $189,900 Fixed assets $368,000 OWNERS' EQUITY Accumulated depreciation $140,900 Retained earnings Intangible assets $82, 100 Common stock $132,000 Partial Balance Sheet 12/31/2014 ASSETS LIABILITIES Cash $26, 100 Notes payable $11,900 Accounts receivable $19,000 Accounts payable $23,800 Inventories $53,200 Long-term debt $162,200 Fixed assets $448,000 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $82, 100 Common stock $181,800

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