Consider the following abbreviated financial statements for Weston Enterprises:

a. What was owners€™ equity for 2009 and 2010?
b. What was the change in net working capital for 2010?
c. In 2010, Weston Enterprises purchased $1,900 in new fixed assets. How much in fixed assets did Weston Enterprises sell? What was the cash flow from assets for the year? (The tax rate is 35 percent.)
d. During 2010, Weston Enterprises raised $440 in new long-term debt. How much long-term debt must Weston Enterprises have paid off during the year? What was the cash flow to creditors?
Use the following information for Ingersoll, Inc., for Problems 24 and 25 (assume the tax rate is 35 percent):

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WESTON ENTERPRISES 2009 and 2010 Partial Balance Sheets Liabilities and 0wners' Equity 2009 2010 Current assets S740 $795 Current liabilities 330 $ 360 Net fixed assets 3,600 3,800 Long-term debt 2,000 2,150 Assets 2009 2010 WESTON ENTERPRISES 2010 Income Statement Sales Costs Depreciation Interest paid $10,900 4,680 2009 2010 Sales Depreciation Cost of goods sold Other expenses Interest Cash Accounts receivable Short-term notes payable Long-term debt Net fixed assets Accounts payabie Inventory Dividends S 28,030 3,755 10,200 1,780 2,010 14,010 20,425 2,485 53,510 117,590 13,950 33,125 3,505 S 26,115 3,750 8,985 2,130 1,345 13,695 18,130 2,645 45,865 114,850 14,885 3,184