Consider the following abbreviated financial statements for Weston Enterprises:

WESTON ENTERPRISES

2016 and 2017 Partial Balance Sheets

Assets Liabilities and Owners'Equity 20162017 20162017

Current assets

$940 $996

Net fixed assets

3,9874,588

Current liabilities $380$401

Long-term debt 2,0252,182

WESTON ENTERPRISES

2017 Income Statement

Sales $12,055

Costs 5,815

Depreciation1,060

Interest paid180

1.What was owners' equity for 2016 and 2017?(Do not round intermediate calculations.)

Owners' equity 2016 = $

Owners' equity 2017 =$

2.What was the change in net working capital for 2017?(Do not round intermediate calculations.)

Change in NWC$

3.In 2017, the company purchased $1,860 in new fixed assets. How much in fixed assets did the company sell?(Do not round intermediate calculations.)

Fixed assets sold$

4.In 2017, the company purchased $1,860 in new fixed assets. What was the cash flow from assets for the year? The tax rate is 35 percent.(Do not round intermediate calculations.)

Cash flow from assets$

5.During 2017, the company raised $410 in new long-term debt. How much long-term debt must the company have paid off during the year?(Do not round intermediate calculations.)

Debt retired$

6.During 2017, the company raised $410 in new long-term debt. What was the cash flow to creditors?(Do not round intermediate calculations.)

Cash flow to creditors$