The 2012 income statement for The Life Good Corporation shows the following: 2012 Income Statement 2012 Sales $5,250,000 Costs 2,173,000 Other Expenses 67,400 Depreciation Expense 179,000 EBIT $2,830,600 Interest Expenses 85,555 EBT $2,745,045 Taxes 89,000 Net $247.45 income from $245. Good Corp. also issued $106,700 in new equity during the year and redeemed $65,300 in outstanding long-term debt. 

I. Calculate the operating cash flow of the company. (2 points) 

ii. Calculate the cash flow to creditors. (2 points) 

iii. Calculate the cash flow to shareholders. (2 points) 

v. Define free cash flow (FCF) and set up one of the equations to calculate FCF. (3 points)