Below is the balance sheet for Northem Comfort Company for December 31 of 2021 and 2022. The income statement for 2022 is also given: Part 1 I Attempt 3/3 for 0 pts. What was NOPAT for 2022? Incorrect NOPAT=EBIT(1t)=15,120(10.28)=10,886 Part 2 - Attempt 1/3 for 10 pts. What was the change in net operating working capital during 2022 ? (Assuming no excess cash) Correct NOWC = Operating current assets - Operating current liabilities = (Current assets - Marketable securities - Excess cash) - (Current liabilities Notes payable) Or =( Cash + Accounts receivable + Inventory - Excess cash )( Accounts payable + Accruals) Thus NOWC2021=5,9502,550=3,400NOWC2022=7,3503,150=4,200 Change in net operating working capital: NOWC=N0NC2LO22NOWC2C21 =4,2003,400=800 What was capital expenditure in 2022 ? Correct Net fixed assets (NFA) are reported net of depreciation. To figure out the actual spending in fixed assets, or CAPEX, we have to add the depreciation back in. CAPEX = Change in net fixed assets + Depreciation = NFA A2022 NFA 2021+ Depreciation =13,65011,050+7,560 =10,160 Part 4 - Attempt 2/3 for 10 pts. What was the free cash flow for 2022