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The company paid interest expense of $17,200 for 2017 and had an overall tax rate of 40% for 2017. Find the cash flow from assets for

2017 and break it into its three parts: operating cash flow, capital spending, and change in net working capital.

Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation 350200 142000 42900 27900 45800 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets LIABILITIES 16000 Notes payable 28200 Accounts payable 48000 Long-term debt 368100 OWNERS' EQUITY 143600 Retained earnings 81900 Common stock 13800 19100 190100 132000 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets LIABILITIES 25800 Notes payable 19000 Accounts payable 52900 Long-term debt 447900 OWNERS' EQUITY Retained earnings 81900 Common stock 11900 24200 161800 182000 Sales revenue Cost of goods sold Fixed costs Selling, general, and administrative expenses Depreciation 350200 142000 42900 27900 45800 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets LIABILITIES 16000 Notes payable 28200 Accounts payable 48000 Long-term debt 368100 OWNERS' EQUITY 143600 Retained earnings 81900 Common stock 13800 19100 190100 132000 ASSETS Cash Accounts receivable Inventories Fixed assets Accumulated depreciation Intangible assets LIABILITIES 25800 Notes payable 19000 Accounts payable 52900 Long-term debt 447900 OWNERS' EQUITY Retained earnings 81900 Common stock 11900 24200 161800 182000

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