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Stuck in Direct Method calculation. Can you help? ($ 000) Year 1 Year 2 Net income7,80018,600 Deprec., Depletion & Amortiz.3,0004,000 Capital Spending6,0008,000 Repayment of Long

Stuck in Direct Method calculation. Can you help?

($ 000) Year 1Year 2

Net income7,80018,600

Deprec., Depletion & Amortiz.3,0004,000

Capital Spending6,0008,000

Repayment of Long Term Debt2,0002,000

Dividends paid to shareholders2,8002,800

Cash Balance [end of Year 0] 3,000---

Cash Balance [end of Year 1] ? ---

Cash Balance [end of Year 2] ---?

Cash Received from customers25,80042,600

Cash Payments [for operations]14,00020,000

Increase in Current Assets750<1,000>

Increase in Current Liabilities2501,000

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