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.

The company paid interest expense of

$17,900

for

2017

and had an overall tax rate of

40%

for

2017.

Find the cash flow from assets for

2017,

and break it into its three parts: operating cash flow, capital spending, and change in net working capital.

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in order to copy its contents into a spreadsheet.)

Partial Income Statement Year Ending 2017
Sales revenue	$350,000
Cost of goods sold	$141,900
Fixed costs	$43,100
Selling, general, and administrative expenses	$27,800
Depreciation	$45,900

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Partial Balance Sheet 12/31/2016
ASSETS		LIABILITIES
Cash	$15,800	Notes payable	$13,800
Accounts receivable	$27,800	Accounts payable	$18,800
Inventories	$48,100	Long-term debt	$190,000
Fixed assets	$368,200	OWNERS' EQUITY
Accumulated depreciation	$142,800	Retained earnings
Intangible assets	$82,200	Common stock	$132,000

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in order to copy its contents into a spreadsheet.)

Partial Balance Sheet 12/31/2017
ASSETS		LIABILITIES
Cash	$26,000	Notes payable	$11,900
Accounts receivable	$19,200	Accounts payable	$24,000
Inventories	$53,000	Long-term debt	$162,100
Fixed assets	$448,200	OWNERS' EQUITY
Accumulated depreciation		Retained earnings
Intangible assets	$82,200	Common stock	$181,900

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