Each of the following questions relate to the accounts of Houston Metal Fabrication (HMF).

a. The HMF balance sheet for 2022 recorded total fixed asset value of $166,453 while the book value of fixed assets in 2021 was $146,059. The 2022 income statement recorded depreciation of $7,358 and a gain from the sale of fixed assets (sales price less book value) of $23,653. What was the amount of net capital spending in 2022?

b. HMF had current assets of $3,950 and current liabilities of $2,788 in 2022. In 2021, current assets were $4,321 and current liabilities $2,488. What is the change in net working capital in 2022?

c. The 2021 HMF balance sheet recorded long-term debt of $5,675 while the 2022 balance sheet gave long-term debt as $4,675. The 2022 income statement recorded interest expense of $178. What was the cash flow to holders of long-term debt in 2022?