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WESTON ENTERPRISES 2 0 1 9 and 2 0 2 0 Partial Balance Sheets Assets Liabilities and Owners Equity 2 0 1 9 2 0

WESTON ENTERPRISES
2019 and 2020 Partial Balance Sheets
Assets Liabilities and Owners Equity
2019202020192020
Current assets $ 1,198 $ 1,275 Current liabilities $ 538 $ 580
Net fixed assets 5,7276,023 Long-term debt 3,1883,429
WESTON ENTERPRISES
2020 Income Statement Sales$17,349 Costs 5,143 Depreciation 1,492 Interest paid 648
________________________________________
a.What was owners' equity for 2019 and 2020?(Do not round intermediate calculations.)
b.What was the change in net working capital for 2020?(Do not round intermediate calculations.)
c-1.In 2020, the company purchased $3,070 in new fixed assets. How much in fixed assets did the company sell? (Do not round intermediate calculations.)
c-2.In 2020, the company purchased $3,070 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 25 percent. (Do not round intermediate calculations.)
d-1.During 2020, the company raised $722 in new long-term debt. How much long-term debt must the company have paid off during the year? (Do not round intermediate calculations.)
d-2.During 2020, the company raised $722 in new long-term debt. What was the cash flow to creditors? (Do not round intermediate calculations.)

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