Titan Football Manufacturing had the following operating results for 2016: sales = $19,930; cost of goods sold = $13,830; depreciation expense = $2,220; interest expense = $270; dividends paid = $700. At the beginning of the year, net fixed assets were $21,300, current assets were $3,090, and current liabilities were $1,920. At the end of the year, net fixed assets were $25,340, current assets were $3,580, and current liabilities were $2,010. The tax rate for 2016 was 30 percent.