1. Sunflower Oil has total sales of $1,300,000 and costs of $900,000. Depreciation is $42,000 and the tax rate is 34 percent. The firm has interest expenses of $10,000.
   1. Prepare an income statement of this company.
2. 2. What is the operating cash flow?

2. The 2008 balance sheet of Global Tours showed current assets of $1,360 and current liabilities of $940. The 2009 balance sheet showed current assets of $1,640 and current liabilities of $1,140. What was the change in net working capital for 2009?

3. Adelson's Electric had beginning long-term debt of $42,511 and ending long-term debt of $48,919. The interest paid was $4,767. What is the amount of the cash flow to creditors?