Use the following information for Clarington Inc. for LA Problems 24 (assume the tax rate is 34%): 2017 2018 Sales $11.573 $12.936 Depreciation 1.661 1.736 Cost of goods sold 3.979 4.707 Other expenses 946 824 Interest 776 926 Cash 6.067 6.466 Accounts receivable 8.034 9.427 Short-term notes payable 1,171 1.147 Long-term debt 20.320 24.696 Net fixed assets 50.888 54.273 Accounts payable 4.384 4.644 Inventory 14.283 15.288 Dividends 1.411 1.618 24. Financial Statements (LO1) Draw up a statement of comprehensive income and a statement of financial position for this company for 2017 and 2018.21. Calculating Cash Flows (LO2) Nanticoke Industries had the following operating results for 2018: sales $22,800; cost of goods sold = $16,050, depreciation expense = $4,050, interest expense = $1,830, dividends paid = $1,300. At the beginning of the year, net assets were $13,650, current assets were $4,800, and current liabilities were $2,700. At the end of the year, net fixed assets were $16,800, current assets were $5,930, and current liabilities were $3,150. The tax rate for 2018 was 34%. a. What is net income for 2018? b. What is the operating cash flow for 2018? c. What is the cash flow from assets for 2018? Is this possible? Explain