69308 is the incorrect answer Cash flow identity. Use the data from the following financial statements in the popup window,. The company paid interest expense of $17,100 for 2017 and had an overall tax rate of 40%for 2017. Verify the cash flow identity:cash flow from assets = cash flow to creditors + cash flow to ownersThe cash flow from assets is $ 24,380. (Round to the nearest dollar.)The cash flow to creditors is $ 45000. (Round to the nearest dollar.)The cash flow to owners is $(Round to the nearest dollar.) Partial Income Statement Year Ending 2017Sales revenue$350,000Cost of goods sold$141,900Fixed costs$43,000Selling, general, andadministrative expensesDepreciation(Click on the following icon in order to copy its contents into a spreadsheet.)Partial Balance Sheet 12/31/2016LIABILITIES$16,200 Notes payable$28,000 Accounts payable$48,000 Long-term debtASSETSCashAccounts receivableInventoriesFixed assetsAccumulated depreciationIntangible assets$27,900$45,800ASSETSCashAccounts receivableInventoriesFixed assetsAccumulated depreciationIntangible assets$367,800 OWNERS' EQUITY$143,500 Retained earnings$82,100 Common stock(Click on the following icon in order to copy its contents into a spreadsheet.)Partial Balance Sheet 12/31/2017LIABILITIES$25,900 Notes payable$19,100 Accounts payable$53,000 Long-term debt$448,200 OWNERS' EQUITYRetained earnings$82,100 Common stock$13,900$19,000$190,000$132,000$12,100$23,900$162,100$181,900

Cash flows refer to the money that the company spends or earns throughout its functions. It is a…

Cash flow identity. Use the data from the following financial statements in the popup window, The company paid interest expense of $17,100 for 2017 and had an overall tax rate of 40% for 2017. Verify the cash flow identity: cash flow from assets = cash flow to creditors + cash flow to owners The cash flow from assets is $ 24,380. (Round to the nearest dollar.) The cash flow to creditors is $ 45000. (Round to the nearest dollar.) The cash flow to owners is $ (Round to the nearest dollar.)