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Nanticoke Industries had the following operating results for 2 0 2 0 : Sales = $ 2 9 , 5 0 0 Cost of goods

Nanticoke Industries had the following operating results for 2020:
Sales =$29,500
Cost of goods sold =$19,760;
Depreciation expense =$5,260;
Interest expense =$2,640;
Dividends paid =$1,450.
At the beginning of the year,
Net fixed assets =$17,080,
Current assets =$5,860,
Current liabilities =$3,325.
At the end of the year,
Net fixed assets =$20,660,
Current assets =$7,300,
Current liabilities =$3,980.
The tax rate for 2020 was 35%.
a. What is net income for 2020?(Negative answer should be indicated by a minus sign. Omit $$ sign in your response.)
Net income $
b. What is the operating cash flow for 2020?(Negative answer should be indicated by a minus sign. Omit $ sign in your response.)
Operating cash flow
$
c. What is the cash flow from assets for 2020?(Negative answer should be indicated by a minus sign. Omit $ sign in your
response.)
Cash flow from assets
$
d. If no new debt was issued during the year, what is the cash flow to creditors? What is the cash flow to shareholders? (Negative
answers should be indicated by a minus sign. Omit $ sign in your response.)
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