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( Estimated time allowance: 1 0 minutes ) Use the data from the financial statements of a company shown here to answer ONE question (

(Estimated time allowance: 10 minutes) Use the data from the financial statements of a company shown here to answer ONE question (asked below the balance sheet for 2023).
To get the data below and answer the questions, you can do one of the following approaches:
1. Use the screen image shown
2. Position cursor any place in the image, double click and select all; copy and paste into an excel file
3. Click here for a formatted excel version (need to update numbers to the ones presented here)
Income Statement year ending 2023
Sales Revenues $150
Cost of goods sold 43
Fixed costs 17
Selling, general, and administrative expenses 29
Depreciation 10
EBIT
Taxes
Net Operating Profits after Taxes (NOPAT)
*** Tax rate 40%
Dividends paid $10
Partial Balance Sheet 12/31/2022
ASSETS LIABILITIES
Current Assets Current Liabilities
Cash $4 Accruals $7
Accounts receivable 6 Accounts payable 4
Inventories 5 Total current liabilities
Total current assets Long-term debt 20
Total Liabilities
Gross Fixed assets 104 OWNERS' EQUITY
Accumulated depreciation 10 Retained earnings (1)
Net Fixed assets Common stock
Intangible assets 0 Total owner's equity
TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY
(1) These are cumulative retained earnings but textbook simply calls it retained earnings
Partial Balance Sheet 12/31/2023
ASSETS LIABILITIES
Current Assets Current Liabilities
Cash $3 Accruals $6
Accounts receivable 3 Accounts payable 4
Inventories 7 Total current liabilities
Total current assets Long-term debt 15
Gross Fixed assets 70 Total liabilities
Accumulated depreciation OWNERS' EQUITY
Net Fixed Assets Retained earnings
Intangible assets 0 Common stock
Total long-term assets Total owner's equity
TOTAL ASSETS TOTAL LIABILITIES & OWNER'S EQUITY
When answering, round to the nearest $0.01(cent) and DO NOT use dollar signs, DO NOT USE commas to separate thousands, DO NOT use parenthesis to denote negative numbers, USE the negative sign and place it in front of first digit of your answer when your answer is a negative number. For example, if your result is $43.6 then enter 43.60; if it is -$3 then enter -3.00; if it is $2,456.786 then enter 2456.79
The Free Cash Flow (FCF) for 2023 is _____________

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