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PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets Assets Liabilities and Owners' Equity 2017 2018 2017 2018 Current assets $1,260 $1,379 Current liabilities $545 $595

PARROTHEAD ENTERPRISES

2017 and 2018 Partial Balance Sheets

Assets Liabilities and Owners' Equity

2017 2018 2017 2018

Current assets $1,260 $1,379 Current liabilities $545 $595

Net fixed assets 5,036 6,087 Long-term debt 2,727 2,903

PARROTHEAD ENTERPRISES

2018 Income Statement

Sales $15,730

Costs 7,216

Depreciation 1,417

Interest paid 424

In 2018, Parrothead Enterprises purchased $2,604 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 21 percent

CASH FLOW FROM ASSETS?

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