Goandwin, Inc. 2017 Income Statement Net sales $11,418 Cost of goods sold 6,320 Selling, general, and administrative expenses 2,419 Depreciation 967 Earnings before interest and taxes $1,712 Interest 230 Taxable Income $1,482 Taxes 519 Net Income $ 963 Goandwin, Inc. 2016 and 2017 Balance Sheets 2016 2017 2016 2017 Cash $ 298 $ 306 Accounts payable $6,219 $6,184 A/R 3,006 3,422 Accrued expenses 1,880 1,625 Inventory 5,210 5,650 Total C. L. $8,099 $7,809 Total C. A. $8,514 $9,378 Long-term debt $17,951 $21,991 Net Fixed Common Stock ($1.00 par) $1,435 $1,555 Assets $32,780 $36,400 Capital Surplus $7,529 $7,740 Retained Earnings $6,280 $6,683 Total Assets $41,294 $45,778 Total Liab. & Equity $41,294 $45,778 What is the cash flow of the firm (or cash flow from assets), for 2017? Group of answer choices $1,273 -$1,273 -$3,581 $3,414

On february 10, 2014, after issuance of its financial statements for 2013, higgins company entered into a financing agreement with cleveland bank, allowing higgins company to borrow up to $6,000,000 at any time through 2016. amounts borrowed under the agreement bear interest at 2% above the bank's prime interest rate and mature two years from the date of loan. higgins company presently has $2,250,000 of notes payable with star national bank maturing march 15, 2014. the company intends to borrow $3,750,000 under the agreement with cleveland and liquidate the notes payable to star national bank. the agreement with cleveland also requires higgins to maintain a working capital level of $9,000,000 and prohibits the payment of dividends on common stock without prior approval by cleveland bank. from the above information only, the total short-term debt of higgins company as of the december 31, 2013 balance sheet date is