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Please answer the following question in its entirety with clear formulas. Use the financial statements on the next page to answer all questions for problem

Please answer the following question in its entirety with clear formulas.

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Use the financial statements on the next page to answer all questions for problem 9. (All figures are in $ thousands, but you may ignore those extra zeroes.) Note that the information is selected; many typical line items from the balance sheet and income statement are intentionally missing Assets Cash Accounts Receivable Inventory Gross Fixed Assets Accumulated Deprec'n Net Fixed Assets Liabilities & Owners' Equit All Current Liabilities All Long-term Liabilities Common Stock Retained Earnings 2015 2016 4540 7620 440 360 3000 2800 520 2700 2280 2015 2016 700 1600 1140 8000 8400 Income Statement Revenues Cost of Goods Sold Selling, Gen'l, & Admin. Exp's Depreciation Expense Interest Expense Gain on Sale of Asset Tax Expense Dividend Expense 2016 4000 1920 880 340 80 60 320 100 680 2000 300 280 a. Although not directly pursuant to the Cash Flow ldentity, the following items are still useful. Calculate Operating Income2016 (1 pt.), Taxable Income2016 (1/2 pt.), and Net Income2016 (1 pt.), Additions to Retained Earnings2016 (1/2 pt.), and Retained Earnings for 2016 (1/2 pt.). Also calculate Total Assets (for both 2015 and 2016 (1/2 pt. each), and To- tal Liabilities & Owners' Equity (for both 2015 and 2016 (1/2 pt. each). b. what is the "Operating" Cash Flow for the 2016 operating period? (15 pts) c. what is the Net Working Capital across the 2016 operating period? (1.5 pts.) d. What is the Net Capital Spending for the same operating period? (1.5 pts.) e. What is the Cash Flow from Assets for 2016? (2 pts.) f. What is the Cash Flow to Creditors for 2016? (1 pt.) g. What is the Cash Flow to Stockholders for 2016? (1 pt.) h. Verify that the Cash Flow ldentity holds. Or, if your ldentity doesn't balance, report the amount of error. (1 pt.) i. (each

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