g Below is the balance sheet for Trinity Motors Company for December 31 of 2019 and 2020. 2019 2020 2019 2020 Cash 900 1,050 Accounts payable 2,700 3,150 Accounts receivable 2,700 3,150 Current liabilities 2,700 3,150 Inventory 2,700 3,150 Long-term debt 5,400 6,300 Current assets 6,300 7,350 Total liabilities 8,100 9,450 Net fixed assets 11,700 13,650 Equity 9,900 11,550 Total assets 18,000 21,000 Total liab. & equity 18,000 21,000 The income statement for 2020 is also given: Amount Sales 50,400 Cost 27,720 Depreciation 7,560 EBIT 15,120 Interest 5,040 Taxes 2,520 Net income 7,560 Dividends 6,804 Attempt 1/10 for 10 pts. Part 1 What was the cash flow from assets in 2020? 10050 Correct ✓ OCF = EBIT - Taxes + Depreciation = 15,120 - 2,520 + 7,560 = 20,160 ΔNWC = NWC2020 - NWC2019 = (CA2020 - CL2020) - (CA2019 - CL2019) = (7,350 - 3,150) - (6,300 - 2,700) = 4,200 - 3,600 = 600 NCS = NFA2020 - NFA2019 + Depreciation = 13,650 - 11,700 + 7,560 = 9,510 CFA = OCF - ΔNWC - NCS = 20,160 - 600 - 9,510 = 10,050 Attempt 1/10 for 10 pts. Part 2 What was the cash flow to creditors in 2020? 0+ decimals