Given the financial data for New Electronic World Inc. (NEW) compute the follo

Given the financial data for New Electronic World Inc. (NEW) compute the following measures of cash flows for the NEW for the year ended Dec. 31 2010.
(a) Operating Cash Flow

(b) Free Cash Flow
For the year ended December 31
Depreciation

2009

2010 $3000
EBIT

2009

2010 $30000
Interest Expenses

2009

2010 $3000
Taxes

2009

2010 $8000
Cash

2009 $21000

2010 $24000
Accounts Receivable

2009 $39000

2010 $45000
Inventory

2009 $27000

2010 $30000
Net Fixed Assets

2009 $22000

2010 $24000
Accounts Payable

2009 $25000

2010 $30000
Notes Payable

2009 $50000

2010 $40000
Accruals

2009 $1000

2010 $2000