(b) You have been furnished with extract of i recent statement of Comprehenaive Ircome for Horizon limited. Net Sales Cost of sales Depreciation Gross profit Sh.'000' 8,000 (4,300) (400 3,300 Selling and Administrative expenses (930) (570) Interest expense Income before tax 1,800- (540) 1260 Tax Income after tax In the recent year, Horizon Limited spent Kenya shilling five hundred thousand on new capital investment. It also increased current assets net of non-interest bearing current liabilities by three hundred thousand. Required: E13 marks] [Total: 25 marks] Calculate Horizon's free cash flow for the recent financial year