Current Assets Cash Accounts Receivable Inventory Total Current Assets Fixed Assets Net Plant and Equipment Bahar Corporation 2018 and 2019 Balance Sheets ($ millions) 2018 2019 2018 2019 Current Liabilities $ 34 $ 46 Accounts Payable $ 54 $ 481 $ 154 $ 142 Notes Payable 198 $ 188 $ 340 Total Current Liabilities 252 $ 236 $ 528 Long-term Debt $ 378 $ 327 Owners' Equity $ 2,056 $ 1,999 Common Stock 500 $ 480 Retained Earnings $ 1,454 $ 1,509 Total Owner's Equity $ 1,954 $ 1,989 $ 2,584 $ 2,552 Total Liabilities and Equity $ 2,584 $ 2,552 Total Assets *** Price 60 *** Shares Outstanding ($ millions) 25 Bahar Corporation Income Statement - 2019 ($ millions) Sales $ 1,935 -Cost of Goods Sold $ 1,212 -Depreciation $ 200 Earnings Before Interest and Taxes (EBIT) $ 523 -Interest Paid $ 123 Taxable income $ 400 - Taxes (20%) $ 80 Net Income $ 320 Dividends $ 265 Additions to Retained Earnings $ 55 Question 17 (5 points) Calculate cash flow to creditor in 2019. 172 174 176 178 Question 18 (5 points) Calculate additions to NWC if the NWC in 2019 is 317. 33 41 55 60