Please help me to answer from a to f detaily !!!!!! I need it as soon as possible. Thank you very much.

Problem Set 1

1, Consider the following abbreviated financial statements for Cabo Wabo, Inc. (tax rate: 23%):

CABO WABO, INC. Partial Balance Sheets as of December 31, 2018 and 2019

2018 2019 2018 2019

Assets Liabilities and Owners Equity Current assets $ 3,061 $ 3,257 Current liabilities $ 1,339 $ 1,978

Net fixed assets $13,950 $14,501 Long-term debt $7,257 $8,309

CABO WABO, INC.

2019 Income Statement

Sales $44,850

Costs $22,472

Depreciation $3,825

Interest paid $1,015

a, What is owners equity for 2018 and 2019?

b, What is net income for 2019?

c, What is the operating cash flow for 2019?

d, What is the cash flow from assets for 2019?

e, What is the cash flow to creditors for 2019?

f, What is the cash flow to stockholders for 2019?