Chapter 2 Question 23 Input area: Output area: Balance sheet as of Dec. 31,2020 Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Accounts payable Notes payable Current liabilities Long-term debt Owners' equity Total liab. \& equity Balance sheet as of Dec. 31, 2021 Cash Accounts receivable Inventory Current assets Net fixed assets Total assets Accounts payable Notes payable Current liabilities Long-term debt Owners' equity Total liab. \& equity 2020 Income Statement Sales Costs Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Addition to retained earnings 2021 Income Statement Sales Costs Other expenses Depreciation EBIT Interest EBT Taxes Net income Dividends Addition to retained earning: Operating cash flow Change in NWC Net capital spending Cash flow from assets Net new long-term debt Cash flow to creditors Net new equity Cash flow to stockholders