PARROTHEAD ENTERPRISES 2018 Income Statement Sales Costs $15,301 7135 Depreciation 1,363 388 a. What is owners' equity for 2017 and 2018? (Do not round intermediate b. What is the change in net working capital for 2018? (Do not round intermediate c-1. In 2018, Parrothead Enterprises purchased $2,496 in new fixed assets. How much in calculations) calculations.) fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.) c-2. In 2018, Parrothead Enterprises purchased $2,496 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 21 percent. (Do not round intermediate calculations.) d-1. During 2018, Parrothead Enterprises raised $504 in new long-term debt. How much long-term debt must Parrothead Enterprises have paid off during the year? (Do not round intermediate calculations.) d-2. During 2018, Parrothead Enterprises raised $504 in new long-term debt. What is the cash flow to creditors? (Do not round intermediate calculations.) a Owners' equity 2017 S Owners' equity 2018 3,069 3,959 42 s b. Change in NWC c-1. Fxed assets sold G-2. c-2. Cash fiow from assets d-1. Debt retired d-1. Cash fiow to creditors 25 97