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Cusic Industries had the following operating results for 2019:sales = $33,712; cost of goods sold = $23,918; depreciation expense= $5,937; interest expense = $2,680; dividends paid = $1,942. Atthe beginning of the year, net fixed assets were $19,880, currentassets were $7,012, and current liabilities were $3,956. At the endof the year, net fixed assets were $24,448, current assets were$8,648, and current liabilities were $4,619. The tax rate was 21percent. a. What is net income for 2019? (Do not round intermediatecalculations.) b. What is the operating cash flow for 2019? (Do notround intermediate calculations.) c. What is the cash flow fromassets for 2019? d. If no new debt was issued during the year, whatis the cash flow to creditors? (Do not round intermediatecalculations.) e. If no new debt was issued during the year, whatis the cash flow to stockholders?
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