Save Homework: Problem Set 1 Score: 0 of 1 pt 4 of 14 (2 complete) HW Score: 13.1%, 1.83 of 14 pts P2-11 (similar to) Question Help Cash flow from assets. Use the data from the following financial statements in the popup window. The company pad interest experne of $17,500 for 2017 and had an averat tax rate of 40% for 2017 Find the cash flow from assets for 2017 and break it into as the parts operating cash flow capital spending and change in net working capital The operating cash flow is sound to the nearest colle) Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Income Statement Year Ending 2017 Sales revenue $350,200 Cost of goods sold $142,000 Fixed costs $42,900 Selling, general, and administrative expenses $27,800 Depreciation $46.100 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,100 Notes payable Accounts receivable $28,000 Accounts payable Inventories $48,200 Long-term debt Fixed assets $367.900 OWNERS' EQUITY Accumulated depreciation $140,600 Retained earnings Intangible assets $81,800 Common stock $13,900 $18.900 $189,800 $131,800 (Click on the following icon in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $25,800 Notes payable Accounts receivable $18,800 Accounts payable Inventories $53,100 Long-term debt Fixed assets $448.200 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $81,800 Common stock $12,000 $23,900 $161,900 $181,800