Sales = $260,000, cost of goods sold = $150,000, depreciation = $35,000, interest paid = $45,000, dividends = $12,000, tax rate = 40%. During the year, net fixed assets decreased by $21,000, the company bought back $23,000 in equity and issued $12,000 in outstanding long-term debt. What is cash flow to creditors?

	A.	Below $16,500
	B.	Between $16,500 and $5,500
	C.	Between $5,500 and $16,500
	D.	Between $16,500 and $27,500
	E.	Between $27,500 and $38,500
	F.	Between $38,500 and $49,500
	G.	Between $49,500 and $60,500
	H.	Above $60,500