Partncome surement year en 2010 Sales Revenues $200,000 Cost of goods sold 120,000 Fixed costs 40,000 Selling, general, and administrative expenses 20,000 Depreciation 3,000 Net Income $12,000 * Tax rate Interest expense 25% $1,000 10,000 20,000 ASSETS Current Assets Cash Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed assets Intangible assets Partial Balance Sheet 12/31/2015 LIABILITIES Current Liabilities 10,000 Notes payable 15,000 Accounts payable 20,000 Total current liabilities Long-term debt 200,000 Total Liabilities 30,000 OWNERS' EQUITY 170,000 Retained earnings o Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY 50.000 80,000 65,000 70,000 135.000 TOTAL ASSETS 10,000 15.000 ASSETS Current Assets Cash Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed Assets Intangible assets Partial Balance Sheet 12/31/2016 LIABILITIES Current Liabilities 15,000 Notes payable 20.000 Accounts payable 30,000 Total current liabilities Long-term debt 195.000 Total liabilities OWNERS' EQUITY 162.000 Retained earnings 0 Common stock Total owner's equity $2.400 77.400 74,600 25.000 149.600 ES ASSETS Current Assets 10,000 25.000 Accounts receivable Inventories Total current assets Gross Fixed assets Accumulated depreciation Net Fixed Assets Intangible assets Partial Balance Sheet 12/31/2016 LIABILITIES Current Liabilities 15.000 Notes payable 20.000 Accounts payable 39.000 Total current liabilities Long-term debt 195.000 Total liabilities OWNERS' EQUITY 162.000 Retained earnings Common stock Total owner's equity TOTAL LIABILITIES & OWNER'S EQUITY $2.400 77.400 74,600 25.000 149,600 TOTAL ASSETS 5.000 DO NOT use dollar signs, USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers USE the negative sign in front of first digit for negative numbers. Round to the nearest dollar. For example, if you obtain $200,436.75 then enter in the box 200,437 1. What is the net new borrowing from creditors for 2016? A) 2. What is the Cash Flow to Creditors (CFC) for 2016? A/ 3. What is the distributed earnings for 2016? 4. What is the Cash Flow to Owners (CFO) for 2016? ^ 5. What is the Cash Flow From Assets (CFFA) for 2016? A/