$3-14$ FREE CASH FLOW Arlington Corporation's financial statements $($dollars and shares are in millions$)$ are provided here.

Balance Sheets as of December $31$

$\backslash$table$[[,2021,,2020],[$Assets$],[$Cash and equivalents,$$15,000,s,14,000],[$Accounts receivable,$35,000,,30,000],[$Inventories$,33,320,,27,000],[$Total current assets,$$83,320,s,71,000],[$Net plant and equipment,$48,000,,46,000],[$Total assets,$$131,320,,117,000],[$Liabilities and Equity$],[$Accounts payable,$$10,100,s,9,000],[$Accruals$,8,000,,6,000],[$Notes payable,$7,000,,5,050],[$Total current liabilities,$$25,100,s,20,050],[$Long$-$term bonds,$20,000,,20,000],[$Total liabilities,$$45,100,s,40,050],[$Common stock $(4,000$ shares$),40,000,.,40,000],[$Retained earnings,$46,220,,36,950],[$Common equity,$$86,220,s_{?},76,950],[$Total liabilities and equity,$$131,320,,117,000]]$

Income Statement for Year Ending December $31,2021$

$\backslash$table$[[$Sales$,$$$210,000$