Below is the balance sheet for Southern Comfort Company for December 31 of 2020 and 2021....

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Below is the balance sheet for Southern Comfort Company for December 31 of 2020 and 2021. 2020 2021 Cash 1,600 2,250 Accounts receivable 4,800 6,750 Inventory 4,800 6,750 Current assets 11,200 15,750 Total liabilities Net fixed assets 20,800 29,250 Equity Total assets 32,000 45,000 Total liab. & equity 32,000 45,000 A partial income statement for 2021 is also given: Amount 108,000 59,400 16,200 10,800 Sales Cost Depreciation Interest Taxes (34%) Accounts payable Current liabilities Long-term debt Part 1 What was net income in 2021? 2020 2021 4,800 6,750 4,800 6,750 9,600 13,500 14,400 20,250 17,600 24,750 What was the operating cash flow in 2021? 0+ decimals Save Part 3 What was the change in net working capital? 0+ decimals Save Part 4 What was net capital spending in 2021? 0+ decimals Save Part 5 What was the cash flow from assets in 2021? Below is the balance sheet for Southern Comfort Company for December 31 of 2020 and 2021. 2020 2021 Cash 1,600 2,250 Accounts receivable 4,800 6,750 Inventory 4,800 6,750 Current assets 11,200 15,750 Total liabilities Net fixed assets 20,800 29,250 Equity Total assets 32,000 45,000 Total liab. & equity 32,000 45,000 A partial income statement for 2021 is also given: Amount 108,000 59,400 16,200 10,800 Sales Cost Depreciation Interest Taxes (34%) Accounts payable Current liabilities Long-term debt Part 1 What was net income in 2021? 2020 2021 4,800 6,750 4,800 6,750 9,600 13,500 14,400 20,250 17,600 24,750 What was the operating cash flow in 2021? 0+ decimals Save Part 3 What was the change in net working capital? 0+ decimals Save Part 4 What was net capital spending in 2021? 0+ decimals Save Part 5 What was the cash flow from assets in 2021?

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