2. Calculate the annual cash flow for 2015 based on the following information. (Estimate CAPX as the increase in PP&E plus depreciation.) Income Statement Balance Sheets 2015 2015 1100 700 100 Cash Accounts receivable Inventory Total current assets 2014 50 120 130 300 70 170 160 400 50 Revenue COGS Operating expenses Depreciation EBIT Interest expense Pretax Income Tax Net income 100 200 250 50 200 80 Net PPE Total assets 400 600 120 200 40 280 60 Accounts payable Short-term debt Total current liabilities 240 340 140 150 Long-term debt Total liabilities 380 490 Shareholder's equity 20 110