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. (Round your answer to 1 decimal places.) Monarch Textiles, Inc. ($ thousands) Income statement Selected balance sheet items Sales 2017 1,370 2016 Current assets 2017 390 535 Cost of sales 790 Net fixed assets 136. 272 Operating expenses 145 Current liabilities 245 325 Depreciation 68 Interest expense 50 Earnings before taxes 317.00 126.80 Tax Net income 190.20 Free cash flow