ONLY NEED HELP WITH #13 NEEDED INFO FOR 11 AND 12 FOR 13 11. Cash Flow to Creditors The December 31, 2013, balance sheet of Schism, Inc., showed long-term debt of $1,280,000, and the December 31, 2014, balance sheet showed long-term debt of $1,410,000. The 2014 income statement showed an interest expense of $93,400. What was the firms cash flow to creditors during 2014? 12. Cash Flow to Stockholders The December 31, 2013, balance sheet of Schism, Inc., showed $120,000 in the common stock account and $2,120,000 in the additional paid-in surplus account. The December 31, 2014, balance sheet showed $135,000 and $2,380,000 in the same two accounts, respectively. If the company paid out $135,000 in cash dividends during 2014, what was the cash flow to stockholders for the year? 13. Calculating Cash Flows Given the information for Schism, Inc., in Problems 11 and 12, suppose you also know that the firms net capital spending for 2014 was $640,000, and that the firm reduced the net working capital investment by $105,000. What was the firms 2014 operating cash flow, or OCF? Answers to 11 and 12 11. CFtoCR=Interest Paid - Net New Borrowing CFtoCR= 93,400-130,000 CFtoCR= -36,600 12. CFtoSh= Dividends - Net New Equity CFtoSH=135,000 - 275,000 CFtoSH= -140,000