Use ONEOKS 2016 financial reporting to answer the questions in the pictures. This is the link for the FINACIAL DATA PROVIDED: http://ir.oneok.com/~/media/Files/O/OneOK-IR/documents/annual-reports/annual-report-2016.PDF

ONEOK's financial statements are located on pages 74-81 as numbered and are followed by the footnotes. Footnote G (Debt, p. 100-103) and Footnote D (Risk Management and Hedging Activities Using Derivatives, p. 94-97) will provide much of the necessary information. Be careful with units. Units may vary from absolute dollars to thousands, millions, etc across different parts of the annual report. Be sure to label your answer appropriately if responding in thousands, millions, billions, etc. 1. Interest Expense and Interest Payments From the income statement, how much net interest expense, did ONEOK accrue during 2016? Is this an increase or decrease in interest costs relative to 2015? a. b. From the supplemental information section of the cash flow statement (p. 79), what was the actual net cash paid for interest during 2016? Explain (1-2 sentences each) two potential reasons why these two numbers (interest expense vs. interest paid) are not necessarily the same in a given year for any company (not ONEOK specifically) [HINT: Think about any journal entries where the interest expense debit is not exactly matched by a credit to cash.) c. 2. Long-term Debt a. Based on the balance sheet, what is ONEOK's current maturities(i.e., due in one year) of long-term debt as of 12/31/16? b. Based on the balance sheet, what is ONEOK's long-term debt excluding current maturities as of 12/31/16? c. Given your answers above, what is ONEOK's total long-term debt as of 12/31/16? d. Given your answers above, what percentage of ONEOK's total long-term debt (your answer from above) is due within one year of the balance sheet date i.e., in 2017)? 3, ONEOK, Inc. is responsible for debt issued under its own name (ONEOK, Inc.) as well as debt issued via ONEOK Partners and Guardian Pipeline. Details about all of this debt is provided in the debt footnote. As discussed in class, firms are required to report the amount debt maturing in each of the next five years. Find this five year chart in the debt footnote a. What amount of debt is maturing in 2019 for ONEOK Partners? What amount of debt is maturing in 2020 for ONEOK, Inc. (not considering ONEOK Partners or Guardian Pipeline)? b