Use the financial information below to construct a 2010 income statement and balance sheets for both 2009 and 2010. The firm’s average tax rate is 40% and its plowback ratio is 60%. Find the firms’ cash flows (OCF, NCS, change in NWC, FCF, CFC, CFS).

	2009	2010
Sales ($ millions)	1000	1112
Cost of Goods Sold ($ millions)	500	556
Other Expenses ($ millions)	100	111
Depreciation ($ millions)	100	100
Interest Expense ($ millions)	50	55
Total Current Assets ($ millions)	600	700
Accumulated Depreciation	200	300
Net Fixed Assets ($ millions)	1800	2000
Total Current Liabilities ($ millions)	450	550
Long-term Liabilities ($ millions)	900	975
Accumulated Retained Earnings	500	This can be determined from the information given.