Balance Sheets Assets 2019 $100 275 375 $750 2,300 $3,050 2018 $85 300 250 $635 1,490 $2,125 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $85 50 75 $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 $2,205 1,250 2018 $1,540 1,000 $540 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income $955 100 $855 63 $792 $465 $419 198 105 $594 $314 Dividends paid Addition to retained earnings $54 $600 $48 $266.25 Shares outstanding Price WACC 100 $25.00 10.00% 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent. Balance Sheets Assets 2019 $100 275 375 $750 2,300 $3,050 2018 $85 300 250 $635 1,490 $2,125 Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $85 50 75 $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2019 $2,205 1,250 2018 $1,540 1,000 $540 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (25%) Net income $955 100 $855 63 $792 $465 $419 198 105 $594 $314 Dividends paid Addition to retained earnings $54 $600 $48 $266.25 Shares outstanding Price WACC 100 $25.00 10.00% 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent