Question 7 (4 points): Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes West Beaver Inc. 2021 Statement of Comprehensive Income ($ in millions) Less: Interest paid Taxable Income Less: Taxes Net income Cash Accounts Receivables Inventory Total Net fixed assets Total Assets 2020 270 1,130 2,030 3,430 3,550 6,980 $13,250 8,000 500 4,750 102 4,648 1627 3,021 West Beaver Inc. 2020 and 2021 Statement of financial position ($ in millions) 2021 300 1,030 1,750 3,080 4,100 7,180 Accounts Payable Notes Payable Total Long-term debt Common stock Retain earnings Total Liability and Equity 2020 1,860 0 1,860 1,080 3,380 660 6,980 Given the above financial statements of West Beaver Inc. (a) What is the operating cash flow, net capital spending, changes in net working capital (NWC) and dividend payment in 2021? (b) As an analyst helping investors looking to invest in West Beaver, would you recommend investing in this business? Why? 2021 1,820 0 1,820 1,400 3,050 910 7,180