Use the data from the following financial statements

The company paid interest expense of $18,700 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.

Partial Income Statement Year Ending 2017 Sales revenue $349,800 Cost of goods sold $142,000 Fixed costs $43,200 Selling, general, and administrative expenses $28,100 Depreciation $45,800 $14,000 $18,800 $189,900 $131,800 Partial Balance Sheet 12/31/2016 ASSETS LIABILITIES Cash $16,000 Notes payable Accounts receivable $28,100 Accounts payable Inventories $48,000 Long-term debt Fixed assets $368,100 OWNERS' EQUITY Accumulated depreciation $142,600 Retained earnings Intangible assets $82,100 Common stock (Click on the following icon & in order to copy its contents into a spreadsheet.) Partial Balance Sheet 12/31/2017 ASSETS LIABILITIES Cash $26,200 Notes payable Accounts receivable $19,200 Accounts payable Inventories $52,800 Long-term debt Fixed assets $448,000 OWNERS' EQUITY Accumulated depreciation Retained earnings Intangible assets $82,100 Common stock $11,800 $23,800 $162,000 $181,800