Problem 2 (24 marks) On the next page you are given the Statement of Financial Position and Statement of Comprehensive Income for TechCorp Inc. for 2020 and 2021. a) |What is the operating cash flow for TechCorp Inc. for 2021? (3 Marks) b) What is the change in the networking capital from 2020 to 2021 for TechCom Inc.? (5 Marks) c) What is the amount of the net capital spending for 2021 for Tecbox? (4 Marks) d) What is the cash flow from assets for 2021 for TechCorp? (3 Marks) e) What is the cash flow to creditors for 2021 for TechCon? Show your work. (3 Marks) 1) What is the cash flow to stockholders for 2021 for TechSou? Show your work. (4 Marks) g) Does the cash flow identity hold? Show your work. (2 marks) TechCorp Inc. Statement of Financial Position as of May 3, 2020 and May 2, 2021 (S millions) Assets Liabilities and Owner's Equity 2020 2021 2021 2020 Current liabilities Current assets $ 295.6 $ 413.3 Cash $ 2,246.3 Accounts payable $ 2,194.5 168.1 459.3 Accounts receivable 310.6 507.4 Other Current Liabilities Inventory 1,260.3 1,309.2 Total $ 2,414.4 $ 2,505.1 Other Current Assets 202.1 375.6 Total $ 2,265.4 S 2557.4 All Long Term Liabilities $ 2,880.9 $ 3.747.5 I Fixed assets Owner's equity Property and equipment $ 3,448.4 S 3,632.0 Other Fixed Assets 4,559.9 4,849.7 Common stock $ 2,891.9 $ 2,884.0 Total $ 8,008.3 $ 8,481.7 Retained earnings 2,086.5 1,902.5 Total $ 4,978.4 S 4,786.5 Total liabilities and Total assets $ 10,273.7 $ 11,039.1 owner's equity $ 10,273.7 $11.039.1 TechCorp Inc. 2021 Statement of Comprehensive Income ($ millions) Sales and Other Income $ 23,985.6 Cost of goods sold 17,966,3 Other Expenses 5,009.4 Depreciation 362.2 Earnings before interest and taxes $ 647.70 Interest / Finance costs 150,7 Taxable income $ 497.0 Taxes 130.3 Net income $ 366,7