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Problem 2-22 Calculating Cash Flows (L03) Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement of Financial Position

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Problem 2-22 Calculating Cash Flows (L03) Consider the following abbreviated financial statements for Barrie Enterprises: BARRIE Enterprises 2017 and 2018 Partial Statement of Financial Position Assets Liabilities and Owner's Equity 2017 2018 2017 2018 Current assets $ 938 $ 1,014 Current liabilities $ 377 $ 413 Net fixed assets 4,087 4,776 Long-term debt 2,111 2,249 BARRIE Enterprises 2018 Statement of Comprehensive Income Sales $ 12,800 Costs 5,509 Depreciation 1,153 Interest paid 318 a. What is owner's equity for 2017 and 2018? (Omit $ sign in your response.) $ Owner's equity 2017 Owner's equity 2018 Owner's equity 2018 b. What is the change in net working capital for 2018? (Omit S sign in your response.) Change in NWC $ c1. In 2018, Barrle Enterprises purchased $2,022 in new fixed assets. How much in fixed assets did Barrle Enterprises sell? (mits sign in your response.) Fixed assets sold $ c2. In 2018, Barrie Enterprises purchased $2,022 in new fixed assets. What is the cash flow from assets for the year? (The tax rate is 35%) (Omit S sign in your response.) Fences Cash flow from assets $ d1. During 2018, Barrie Enterprises raised $402 in new long-term debt. How much long-term debt must Barrie Enterprises have paid off during the year? (Omit $ sign in your response.) Debt retired d2. During 2018, Barrie Enterprises ralsed $402 in new long-term debt. What is the cash flow to creditors? (Omi$ sign in your response.) Cash flow to creditors $

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