Consider the following abbreviated financial statements forParrothead Enterprises:

   

PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets
Assets		Liabilities and Owners’ Equity
		2017			2018					2017			2018
  Current assets	$	1,266		$	1,387			Current liabilities	$	552		$	601
  Net fixed assets		5,043			6,098			Long-term debt		2,738			2,915

  

PARROTHEAD ENTERPRISES 2018 Income Statement
  Sales	$	15,778
  Costs		7,225
  Depreciation		1,423
  Interest paid		428

  

a.	What is owners' equity for 2017 and 2018? (Do not roundintermediate calculations.)
b.	What is the change in net working capital for 2018? (Donot round intermediate calculations.)
c-1.	In 2018, Parrothead Enterprises purchased $2,616 in new fixedassets. How much in fixed assets did Parrothead Enterprises sell?(Do not round intermediate calculations.)
c-2.	In 2018, Parrothead Enterprises purchased $2,616 in new fixedassets. What is the cash flow from assets for the year? The taxrate is 22 percent. (Do not round intermediatecalculations.)
d-1.	During 2018, Parrothead Enterprises raised $554 in newlong-term debt. How much long-term debt must Parrothead Enterpriseshave paid off during the year? (Do not round intermediatecalculations.)
d-2.	During 2018, Parrothead Enterprises raised $554 in newlong-term debt. What is the cash flow to creditors? (Do notround intermediate calculations.)

a.Owners' equity 2017

Owners' equity 2018

b.Change in NW

Cc-1.Fixed assets sold

c-2.Cash flow from assets

d-1.Debt retired

d-2.Cash flow to creditors