The table below contains data on Fincorp Inc. The balance sheet items correspond to values at year-end 2015 and 2016, while the income statement items correspond to revenues or expenses during the year ending in either 2015 or 2016. All values are in thousands of dollars.

	2015	2016
Revenue	4000	4100
COGS	1600	1700
Depreciation	500	520
Inventories	300	350
Administrative expenses	500	550
Interest expense	150	150
Federal and state taxes*	400	420
A/P	300	350
A/R	400	450
Net fixed assets**	5000	5800
Long-term debt	2000	2400
Notes payable	1000	600
Dividents paid	410	410
Cash and marketable securities	800	300

*Taxes are paid in their entirety in the year that the tax obligation is incurred.

^**Net fixed assets are fixed assets net of accumulated depreciation since the asset was installed

1. What was the change in net working capital during the year?

2. Suppose that the market value (in thousands of dollars) of Fincorp's fixed assets in 2016 is $6,000 and that the value of its long-term debt is only $2,200. In addition, the consensus among investors is that Fincorps past investments in developing the skills of its employees are worth $2,900. This investment, of course, does not show up on the balance sheet. What will be the price per share of Fincorp stock? (Assume 500,000 shares of stock outstanding.) (Round your answer to 2 decimal places.)

3. Construct a statement of cash flows for Fincorp for 2016. (Negative amounts should be indicated by a minus sign.)