Babe’s Batting Cages projects the following income statement for 2018:

Sales $ 241,745
Operating costs excl.depr. & amort. 140,212
EBITDA 101,533
Depr. & Amort. 16,000
EBIT 85,533
Interest 2,200
EBT 83,333
Taxes (40%) 33,333
Net Income $ 50,000
2018 Balance Sheet Assumptions:
Accounts receivable increase by $5,000
Inventory decreases by $2,000
Accounts payable increase by $2,000
Accruals increase by $1,000
Net fixed assets increase by $20,000
Notes payable increase by $2,500
Long-term debt increases by $20,000
Retained earnings increase by $40,000

Create a cash flow statement for 2018 through the net change in cash. (Show your work)

What is the Free Cash Flow for 2018? (Show your work)