Calculate free cash flow for 2017 for Monarch Textiles, Inc., based on the financial information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2017. (Enter your answer in 1000s.) Income statement 2017 625 320 355 Sales Cost of sales Operating expenses Depreciation Interest expense Earnings before taxes Tax Net income Monarch Textiles, Inc. ($ thousands) Selected balance sheet items 2017 2016 1,550 Current assets 450 850 Net fixed assets 160 175 Current liabilities 275 80 50 395.00 158.00 237.00 Free cash flow