arayan Styles 4. The following table shows an abbreviated income statement and balance sheet for Quick Burger Corporation for 2016. Calculate Quick Burger's free cash flow in 2016. In 2016 Quick Burger had capital expenditures of $3,049 INCOME STATEMENT OF QUICK BURGER CORP., 2016 (Figures in $ millions) Net sales $27,567 17,569 Costs 1.402 $ 8.596 Depreciation Earnings before interest and taxes (EBIT) Interest expense Pretax income 517 8,079 Taxes 2.614 Net income $.5.465. styles BALANCE SHEET OF QUICK BURGER CORP., 2016 (Figures in $ millions) Liabilities and Assets 2016 2015 Shareholders' Equity 2016 2015 Current assets Current liabilities Cash and marketable securities $367 Receivables 3.143 $.2.336 $.2.336 Debt due for repayment 1,375 1.335 Accounts payable 117 Total current liabilities $.3.403 Inventories $ 3.509 122 $.3403 1,089 616 Other current assets Total current assets $.4.922 $4,403 Long-term debt $13,633 $12,134 Fixed assets 3,057 2.957 $24,677 $22,835 Other long-term liabilities $20,093 $18,600 Property, plant, and equipment Intangible assets (goodwill) Other long-term assets 2,804 2,653 Total liabilities 15.264 14.390 2.983 3.099 Total shareholders' equity Total liabilities and $35,387 $32,990 shareholders' equity $35 387 $32,990 Total assets