4. Rollerball Corporation has the following financial statements for year ending 12/312018. (15 points) 470 Rollerball Corporation Income Statement in thousands) 2018 Sales 5,450 Cost of Goods Sold 3.250 Gross Profit 2.200 Depreciation 820 Operating Expenses Administration Exp. 115 Operating Profit Interest Expense Profit Before Taxes 707 Taxes (35%) Net Income Dividends 795 Rollerball Corporation Balance sheet (in thousands) 2017 2018 Assets Cash 100 110 Accounts Receivable 1,250 1,325 Inventory 1.125 1405 Total Current Assets 2,475 2840 Gross Fixed Asset 1650 2200 Accumulated 200 820 depreciation Net Fixed Assets 1380 Total Assets 4220 950 1.550 Liabilities Notes Payable Accounts Payable Total Current Liab Long Term Debt Common Stock Retained Earnings Total Liab & Earnings 1650 2600 425 400 795 4220 400 700 3.925 a) the company's cost of equity is 12% and its FCFE is growing at rate is 5% per year? How much is the estimated equity value of firm? (4 points)