raffiti Advertising, Inc., reported the following financial statements for the last two years.

2019 Income Statement
Sales	$	569,700
Costs of goods sold		273,980
Selling & administrative		124,724
Depreciation		54,567
EBIT	$	116,429
Interest		19,494
EBT	$	96,935
Taxes		38,774
Net income	$	58,161
Dividends	$	10,500
Addition to retained earnings	$	47,661

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2018
Cash	$	13,410	Accounts payable	$	9,495
Accounts receivable		18,985	Notes payable		14,499
Inventory		13,803
			Current liabilities	$	23,994
Current assets	$	46,198	Long-term debt	$	136,080
Net fixed assets	$	344,696	Owners' equity	$	230,820
Total assets	$	390,894	Total liabilities and owners equity	$	390,894

GRAFFITI ADVERTISING, INC. Balance Sheet as of December 31, 2019
Cash	$	14,396	Accounts payable	$	10,521
Accounts receivable		21,090	Notes payable		16,475
Inventory		22,763
			Current liabilities	$	26,996
Current assets	$	58,249	Long-term debt	$	152,900
Net fixed assets	$	406,302	Owners' equity	$	284,655
Total assets	$	464,551	Total liabilities and owners equity	$	464,551

a.	Calculate the operating cash flow. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
b.	Calculate the change in net working capital. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
c.	Calculate the net capital spending. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
d.	Calculate the cash flow from assets. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
e.	Calculate the cash flow to creditors. (Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
f.	Calculate the cash flow to stockholders. (A negative answer should be indicated by a minus sign. Do not round intermediate calculations and round your answer to the nearest whole number, e.g., 32.)
	a. Operating cash flow b. Change in net working capital c. Net capital spending d. Cash flow from assets e. Cash flow to creditors f. Cash flow to stockholders