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Use the below information to answer the following question. Income Statement For the Year Net sales $631,000 COGS 442,220 Depreciation 28,100 EBIT $160,700 Interest 14,900

Use the below information to answer the following question.

Income Statement
For the Year
Net sales $631,000
COGS 442,220
Depreciation 28,100

EBIT $160,700
Interest 14,900

Taxable income $145,800
Taxes 49,600

Net income $96,200


Balance Sheet
Beginning of Year End of Year
Cash $ 38,200 $43,700
Accounts receivable 91,400 86,150
Inventory 203,900 214,600
Net fixed assets 516,100 537,950


Total assets $849,600 $882,400




Accounts payable $136,100 $104,300
Long-term debt 329,500 298,200
Common stock ($1 par value) 75,000 82,000
Retained earnings 309,000 397,900


Total Liab. & Equity $849,600 $882,400




What is the net cash flow to stockholders for the year?
$95,900
$7,300
-$7,000
-$1,300
$300
It's not $95,900 or $7,300

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