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Titan Football Manufacturing had the following operating results for 2013: 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, current liabilities were $2,070, and long-term debt was $4,170. At the end of the year, net fixed assets were $16,340, current assets were $3,280, current liabilities were $2,160, and long-term debt was $4,450. The tax rate for 2013 was 35 percent.? How much did the company raise in the form of net new equity during 2013? What is the cash flow from assets during 2013?

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