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(Working with financial statements) Based on the balance sheet and income statement for T.P. Jurmon Company for the year anded December 31, 2016 a. How much is the firm's not 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 T. P. Jarmon Company Balance Sheet for 12/31/2017 and 12/31/2018 Assets 2017 2018 Cash $ 13,800 $ 15,000 6,000 6,000 42,000 33,200 Marketable securities Accounts receivable Inventory Prepaid rent 51,000 1,200 84,040 1,000 Total current assets $ 115,200 $ 138,040 Net plant and equipment $ 286,000 $ 269,800 Total assets $ 401,200 407,840 Liabilities and Equity 2017 2018 Accounts payable $ 48,000 $ Accruals 6,000 15,000 57,200 4,900 13,200 Notes payable SOLD Data Table Marketable securities 6,000 6,000 Accounts receivable 42,000 33,200 Inventory 51,000 1,200 84,040 1,000 Prepaid rent $ 115,200 $ 138,040 Total current assets $ 286,000 $ 269,800 Net plant and equipment $ 401,200 $ 407,840 Total assets Liabilities and Equity 2017 2018 $ $ 57,200 Accounts payable Accruals 48,000 6,000 15,000 4,900 13,200 Notes payable Total current liabilities $ 69,000 $ 75,300 Long-term debt $ 160,000 $ 149,700 Common stockholders' equity $ 172,200 $ 182,840 Total liabilities and equity $ 401,200 $ 407,840 T. P. Jarmon Company Income Statement for Years Ended 12/31/2018 Sales $ 600,400 459,600 $ 140,800 Less cost of goods sold Gross profit Operating and interest expenses General and administrative 30,200 Interest 10,100 30,100 Depreciation $ 70,400 Total operating and interest expenses Earnings before taxes $ 70,400 28, 160 Taxes Net income available to common stockholders $ 42,240 31,600 Cash dividends Change in retained earnings $ 10,640 a. How much is the firm's net working capital and what is the debt ratio? The net working capital is $ 62740. (Round to the nearest dollar.) The debt ratio is 55.2 %. (Round to one decimal place.) The detto 352 (Round to ono decimal place) b. Complete a statement of cash flow for the period, Comite the operating activities part of the statement of cash flows: (Round to the nearest dollar. NOTE Input cash inflows as positive values and cash outflows as requtive $ 42.240 $ Statement of Cash Flows Cash flows from Operating Activities Not income Adjustments Depreciation Increase in marketable securities Decrease in accounts receivable Prepaid expenses Increase in inventones (less AD Deca in accrual Netcash provided by operating activities 30.100 0 3.000 200 (1.100