Free Cash Flow Rebecky's Flowers 4U, Inc., had free cash flows during 2012 of $43 million, EBIT of $110 million, tax expense paid on its EBIT of $25 million, and depreciation of $14 million. Using this information, fill in the blanks on Rebecky's balance sheet below. (LG5)

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Assets REBECKY'S FLOWERS 4U, INC. Balance Sheet as of December 31, 2012 and 2011 (in millions of dollars) 2012 2011 Liabilities and Equity 2012 2011 Current assets: Current liabilities: Cash and marketable securities $ 28 $ 25 Accrued wages and taxes $ 17 $15 Accounts receivable Inventory Total 75 65 Accounts payable 50 118 100 Notes payable 45 45 $221 $190 Total $110 Fixed assets: Long-term debt: 5 190 Gross plant and equipment $333 $300 Stockholders' equity: Less: Depreciation 54 40 Net plant and equipment $279 $260 Preferred stock (5 million shares) Common stock and paid-in surplus $ 5 $ 5 40 40 40 (20 million shares) Other long-term assets Total 50 50 Retained earnings $329 $310 Total Total assets $550 $500 Total liabilities and equity 1921 155 $237 $200 $550 $500