2. What is the Free Cash Flow Forecast if these are the following Income and Balance Sheet account forecasts?

Tax Expense = $100mm

Decrease in Accounts Payable = $25mm

Sales = $5BN

Depreciation = $3BN

Increase in Accounts Receivable = $75mm

Cost of Goods Sold = $1BN

New Building Construction Cost = $250mm

Marketing, Administrative, and General Costs = $500mm

Increase in Property, Plant, and Equipment = $250mm

Interest Expense = $500mm

Increase in Inventory = $50mm