just do questions A, B and C

Balance Sheets as of December 31 2014 $14.000 $ 11200 Cash and events Account $ 50.000 Totalcumentet Net plant and equipment $ 72,125 50.000 $122,125 $106.000 $9.000 5 10.800 7,600 $ 25,100 15.000 Accounts payable Accruals Notes able Totalcuments Long term bonds Tellable Common stock 5.000 st Retained in Common guy Totalbes and 50.000 32,095 58905 $122.125 150,00 $35.150 50.000 20350 $70.250 $106.000 90 Part 2 Fundamental Concepts in Financial Management Income Statement for Vaar Ending December 31, 2014 Operating costsendung deren und amortization EBITDA 2000 170.000 $4,000 $ 12,000 5 17.250 Dividends said $ 11,175 . What was net operating working capital for 2013 and 2014? b. What was Bailey's 2014 free cash flow? Construct Bailey's 2014 statement of stockholders' equity d. What was Bailey's 2014 EVA? Assume that its after tax cost of capital is 10% e What was Bailey's MVA at year end 20147 Assume that its stock price at December 31, 2014 was 520 3-14 INCOME STATEMENT Hermann Industries is forecasting the following income statement 5.000.000 Operating costs eduling depreciation 3 montication 1.500.000 Depreciation and more 00.000 52.800.000 Interest Challenging Problems 14-16 880200 51.120.000 The CEO would like to see higher sales and a forecasted net income of $2.500.000 Assume that operating costs fecluding depreciation and amortization) are 5% of sales and that depreciation and amortization and interest expenses will increase by 10%. The tax rate, which is 40%, will remain the same. (Note that while the tax rate remains constant, the taxes paid will change) What level of sales would generate $2.500,000 in net income