Waterfall charts draw attention to factors that cause differences between amounts, such as the increase in a company's net income from last year to this year or the change in cash position between the beginning and end of this year. Shown below are waterfall charts for a hypothetical company named Newflix, which is similar to Netflix, Inc. Newflix's Net Income Changes $3,000 $2.500 k $2,000 (in millions) t $1.500 $1.000 $500 $0 Last year's Morem income tax net income ember.. savings More Additional Greater content marketing payroll More This year's interes.. net income Newflix's Changes in Cash Position $5,000 $4,000 $3,000 Hons) Newflix's Changes in Cash Position $5,000 $4,000 $3,000 (in millions) $2,000 $1,000 $0 Beginning cash position Cash from issuing ne: Investment Net cash spent Payments for Ending cash sales and on operations property an.. position ** + ableau Required: 1. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) last year? 2. According to the red waterfall chart, what was the amount of Newflix's net income (in millions) this year? 3. According to the red waterfall chart, which factor contributed most to the net income increase from last year to this year? 4. According to the green waterfall chart, what was the amount of Newflix's beginning cash position (in millions) this year? 5. According to the green waterfall chart, what was the amount of Newflix's ending cash position (in millions) this year? 6. According to the green waterfall chart, which factor contributed most to the change in Newflix's beginning and ending cash position? This "cash position" factor directly affects which factor in the red "net income" waterfall chart? Complete this question by entering your answers in the tabs below. Prev 4 of 5 B Score