Consider the balance sheets and selected data from the income statement of Keith Corporation that appear below. Dec-12 2012 $1,500 $1,800 $2,000 $2,900 $8,200 $29,500 $14,700 $14,800 $23,000 Dec-11 2011 $1,000 $1,200 $1,800 $2,800 $6,800 $28,100 $13,100 $15,000 $21,800 Keith Corporation Balance Sheets Assets Cash Marketable securities Accounts receivable Inventories Total current assets Gross fixed assets Less: Accumulated depreciation Net fixed assets Total assets Liabilities and Stockholders' Equity Accounts payable Notes payable Accruals Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Total stockholders' equity Total liabilities and stockholders' equity $1,600 $2,800 $200 $4,600 $5,000 $9,600 $10,000 $3,400 $13,400 $23,000 $1,500 $2,200 $300 $4,000 $5,000 $9,600 $10,000 $2,800 $12,800 $22,400 Keith Corporation Income Statement Data (2012) Depreciation Expense 1,600 EBIT 2,700 Interest Expense Net Profits After Taxes 1,400 Tax Rate 40% 367 A) Calculate the change in Working Capital Requirement for Keith Corporation in 2012. B) Calculate the Capital Expenditure in 2012. C) Calculate the Free Cash Flows for Keith Corporation in 2012