Use the financial statements on the next page to answer all questions for problem 9. (All figures are in $ thousands, but you may ignore those extra zeroes.) Note that the information is selected; many typical line items from the balance sheet and income statement are intentionally missing.

a. Although not directly pursuant to the Cash Flow Identity, the following items are still useful. Calculate Operating Income2016 (1 pt.), Taxable Income2016 (1/2 pt.), and Net Income2016 (1 pt.), Additions to Retained Earnings2016 (1/2 pt.), and Retained Earnings for 2016 (1/2 pt.). Also calculate Total Assets (for both 2015 and 2016 (1/2 pt. each)), and To tal Liabilities & Owners Equity (for both 2015 and 2016 (1/2 pt. each)). b. What is the Operating Cash Flow for the 2016 operating period? (1.5 pts.) c. What is the Net Working Capital across the 2016 operating period? (1.5 pts.) d. What is the Net Capital Spending for the same operating period? (1.5 pts.) e. What is the Cash Flow from Assets for 2016? (2 pts.) f. What is the Cash Flow to Creditors for 2016? (1 pt.) g. What is the Cash Flow to Stockholders for 2016? (1 pt.) h. Verify that the Cash Flow Identity holds. Or, if your Identity doesnt balance, report the amount of error. (1 pt.) i. (each item is worth 1 pt.) For each of the following isolated transactions by the firm within a given operating period (namely, 2016), calculate the numerical effect on each of the following items in the table. In any case when the answer for a cell will be $0, enter a $0. Complete the following table, being sure to not interchange the rows and columns. ATTENTION: In any cases when a cell is completely unaffected (without any activity in it), en ter the word empty.

Assets Cash Accounts Receivable Inventory Gross Fixed Assets Accumulated Deprec'n Net Fixed Assets Liabilities & Owners' Equit All Current Liabilities All Long-term Liabilities Common Stock Retained Earnings 20152016 45407620 440 360 3000 2800 520 2700 2280 2015 2016 700 1600 1140 80008400 Income Statement Revenues Cost of Goods Sold Selling, Gen'l, & Admin. Exp'!s Depreciation Expense Interest Expense Gain on Sale of Asset Tax Expense Dividend Expense 2016 4000 1920 880 340 80 60 320 100 680 2000 300 280