Titan Football Manufacturing had the following operating results for 2010: sales = $19,780; cost of goods

Titan Football Manufacturing had the following operating results for 2010: sales = $19,780; cost of goods sold = $13,980; depreciation expense = $2,370; interest expense = $345; dividends paid = $550. At the beginning of the year, net fixed assets were $13,800, current assets were $2,940, and current liabilities were $2,070. At the end of the year, net fixed assets were $16,340, current assets were $3,280, and current liabilities were $2,160. The tax rate for 2010 was 35 percent.

Requirement 1:

What is net income for 2010? (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount (e.g., 32))

 

Net income

$

Requirement 2:

What is the operating cash flow during 2010? (Do not include the dollar sign ($). Round your answer to the nearest whole dollar amount (e.g., 32))

Operating cash flow

$

Requirement 3:

What is the cash flow from assets during 2010? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar amount (e.g., 32))

 

Cash flow from assets

$

 

Requirement 4:

Assume no new debt was issued during the year.

 

(a)	What is the cash flow to creditors during 2010? (Do not include the dollar sign ($).)

 

Cash flow to creditors

$

(b)	What is the cash flow to stockholders during 2010? (Do not include the dollar sign ($). Negative amount should be indicated by a minus sign. Round your answer to the nearest whole dollar amount (e.g., 32))

 

Cash flow to stockholders

$