Net fixed assets 12,551 13,099 7,806 Long-term debt 6,557 CABO WABO, INC. 2014 Income Statement Sales $ 40,150 20,106 Costs 3,465 Depreciation Interest paid 666 Requirement 1: What is owners' equity for 2013 and 2014? 2013 2014 Owners' equity 7695 6630 A TA Requirement 2: What is the change in net working capital for 2014? (Negative amount should be indicated by a minus sign.) Change in net working capital Requirement 3: In 2014, Cabo Wabo purchased $5,966 in new fixed assets. The tax rate is 40 percent. (a) How much in fixed assets did Cabo Wabo sell? (Round your answer to the nearest whole dollar amount (e.g., 32).) Fixed assets sold (b) What is the cash flow from assets for the year? (Round your answer to the nearest whole dollar amount (e.g., 32).) Cash flow from assets $ Requirement 4: During 2014, Cabo Wabo raised $1,900 in new long-term debt. (a)What is the cash flow to creditors? (Negative amount should be indicated by a minus sign. (Round your answer to the nearest whole dollar amount (e.g., 32).) Cash flow to creditors (b) How much long-term debt must Cabo Wabo have paid off during the year? (Round your answer to the nearest whole dollar amount (e.g., 32).) Debt retired $ Net fixed assets 12,551 13,099 7,806 Long-term debt 6,557 CABO WABO, INC. 2014 Income Statement Sales $ 40,150 20,106 Costs 3,465 Depreciation Interest paid 666 Requirement 1: What is owners' equity for 2013 and 2014? 2013 2014 Owners' equity 7695 6630 A TA Requirement 2: What is the change in net working capital for 2014? (Negative amount should be indicated by a minus sign.) Change in net working capital Requirement 3: In 2014, Cabo Wabo purchased $5,966 in new fixed assets. The tax rate is 40 percent. (a) How much in fixed assets did Cabo Wabo sell? (Round your answer to the nearest whole dollar amount (e.g., 32).) Fixed assets sold (b) What is the cash flow from assets for the year? (Round your answer to the nearest whole dollar amount (e.g., 32).) Cash flow from assets $ Requirement 4: During 2014, Cabo Wabo raised $1,900 in new long-term debt. (a)What is the cash flow to creditors? (Negative amount should be indicated by a minus sign. (Round your answer to the nearest whole dollar amount (e.g., 32).) Cash flow to creditors (b) How much long-term debt must Cabo Wabo have paid off during the year? (Round your answer to the nearest whole dollar amount (e.g., 32).) Debt retired $