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Volbeat Corp. shows the following information on its 2015 income statement: sales = $380,000; costs = $300,000; other expenses = $7,900; depreciation expense = $15,000;

Volbeat Corp. shows the following information on its 2015 income statement: sales = $380,000; costs = $300,000; other expenses = $7,900; depreciation expense = $15,000; interest expense = $13,000; taxes = $15,435; dividends = $10,000. In addition, youre told that the firm issued $4,500 in new equity during 2015 and redeemed $3,000 in outstanding long-term debt.

a.

What is the 2015 operating cash flow? (Do not round intermediate calculations.)

Operating cash flow $

b.

What is the 2015 cash flow to creditors? (Do not round intermediate calculations.)

Cash flow to creditors $

c.

What is the 2015 cash flow to stockholders? (Do not round intermediate calculations.)

Cash flow to stockholders $

d.

If net fixed assets increased by $20,000 during the year, what was the addition to NWC? (Do not round intermediate calculations.)

Addition to NWC $

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