(Working with financial statements) Based on the balance sheet, 3 , and income statement, B for T. P. Jarmon Company for the year ended December 31, 2018: a. How much is the firm's net working capital and what is the debt ratio? b. Complete a statement of cash flows for the period. c. Compute the changes in the balance sheets from 2017 to 2018. a. How much is the firm's net working capital and what is the debt ratio? The net working capital is $ (Round to the nearest dollar.) T. P. Jarmon Company Balance Sheet for 12/31/2017 and 12/31/2018 Assets 2017 2018 Cash $ $ 14,200 15,000 6,000 Marketable securities Accounts receivable Inventory 42,000 51,000 1,200 6,100 32,800 82,680 1,200 Prepaid rent Total current assets $ 115,200 $ 136,980 Net plant and equipment $ 269,700 $ 286,000 $ 401,200 $ 406,680 Total assets Accounts payable Liabilities and Equity 2017 $ 48,000 6,000 15,000 $ 2018 56,800 5,100 13,000 Accruals Notes payable Total current liabilities $ 74,900 $ $ 69,000 160,000 Long-term debt $ 149,700 Common stockholders' equity $ 182,080 $ 172,200 $ 401,200 Total liabilities and equity $ 406,680 $ 600,400 460,500 $ 139,900 T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 Sales Less cost of goods sold Gross profit Operating and interest expenses General and administrative $ 30,200 Interest 10,100 Depreciation 29,800 $ 70,100 Total operating and interest expenses Earnings before taxes $ 69,800 27,920 Taxes Net income available to common stockholders Cash dividends CA $ 41,880 32,000 $ 9,880 Change in retained earnings