Consider the balance sheets and selected data from the income statement of Keith Corporation that follow

.a. Calculate the firm's net operating profit after taxes (NOPAT) for the year ended December 31, 2019.

b. Calculate the firm's operating cash flow (OCF) for the year ended December 31, 2019.

c. Calculate the firm's free cash flow (FCF) for the year ended December 31, 2019.

d. Interpret, compare and contrast your cash flow estimate in parts (b) and (c).

Assets 2019 2018 Cash $1,460 $950 Marketable securities 1,770 1,250 Accounts receivable 1,950 1,840 Inventories 2,950 2,850 Total current assets $8,130 $6,890 Gross fixed assets $29,530 $28,140 Less: Accumulated depreciation 14,750 13,050 Net fixed assets $14,780 $15,090 Total assets $22,910 $21,980 Liabilities and Stockholders' Equity Accounts payable $1,550 $1,450 Notes payable 2,850 2,190 Accruals 240 350 Total current liabilities $4,640 $3,990 Long-term debt $4,960 $5,240 Common stock $9,950 $9,950 Retained earnings 3,360 2,800 Total stockholders' equity $13,310 $12,750 Total liabilities and stockholders' equity $22,910 $21,980