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1) Savron Corporation had the following situation in 2016: Sales $ 250,000 Costs excluding depreciation 18,000 Depreciation 32,000 Net operating working capital in 2015 3,000

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1) Savron Corporation had the following situation in 2016: Sales $ 250,000 Costs excluding depreciation 18,000 Depreciation 32,000 Net operating working capital in 2015 3,000 Net operating working capital in 2016 - 4,000 Net fixed assets in 2015 81,000 Net fixed assets in 2016 109,000 Savron has a corporate tax rate of 40%. Estimate Savron's Free Cash Flow (FCF) in 2016

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