Consider the following abbreviated financial statements for Parrothead Enterprises: PARROTHEAD ENTERPRISES 2017 and 2018 Partial...

Consider the following abbreviated financial statements for Parrothead Enterprises:

PARROTHEAD ENTERPRISES 2017 and 2018 Partial Balance Sheets
Assets					Liabilities and Owners’ Equity
		2017		2018			2017		2018
Current assets	$	1,248	$	1,363	Current liabilities	$	531	$	583
Net fixed assets		5,022		6,065	Long-term debt		2,705		2,879

PARROTHEAD ENTERPRISES 2018 Income Statement
Sales	$	15,634
Costs		7,198
Depreciation		1,405
Interest paid		416

a.	What is owners' equity for 2017 and 2018? (Do not round intermediate calculations.)
b.	What is the change in net working capital for 2018? (Do not round intermediate calculations.)
c-1.	In 2018, Parrothead Enterprises purchased $2,580 in new fixed assets. How much in fixed assets did Parrothead Enterprises sell? (Do not round intermediate calculations.)
c-2.	In 2018, Parrothead Enterprises purchased $2,580 in new fixed assets. What is the cash flow from assets for the year? The tax rate is 23 percent. (Do not round intermediate calculations.)

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