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pop up window Cash flow to owners. Use the data from the following financial statements in the popup window, B. The company paid interest expense
pop up window Cash flow to owners. Use the data from the following financial statements in the popup window, B. The company paid interest expense of $18,500 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow to owners for 2017 by parts and total, with the parts weing dividends paid and increases in borrowing from owners (change in common stock and paid-in-surplus). The distributed earnings is $ (Round to the nearest dollar.) TUNICK om te onowing core more to copy TIS Comens MO a spreausteet.) Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $141,800 Fixed costs $43,000 $28,100 Selling, general, and administrative expenses Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash Accounts receivable $13,800 $18,800 $189,800 Inventories $15,900 Notes payable $28,000 Accounts payable $48,100 Long-term debt $367,900 OWNERS' EQUITY $140,200 Retained earnings $81,900 Common stock Fixed assets Accumulated depreciation Intangible assets $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $12,000 $26,000 Notes payable $19.000 Accounts payable Accounts receivable $24,100 $28,100 Selling, general, and administrative expenses Depreciation $45,900 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $13,800 Accounts receivable $18,800 Inventories $189,800 $15,900 Notes payable $28,000 Accounts payable $48,100 Long-term debt $367,900 OWNERS' EQUITY $140,200 Retained earnings $81,900 Common stock Fixed assets Accumulated depreciation Intangible assets $132,000 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $12,000 Accounts receivable $24,100 Inventories $162,200 $26,000 Notes payable $19,000 Accounts payable $53,100 Long-term debt $448,100 OWNERS' EQUITY Retained earnings $81,900 Common stock Fixed assets Accumulated depreciation Intangible assets $181,900
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