Finding operating and free cash flows 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). a. The net operating profit after taxes is (Round to the nearest dollar.) - X Data table (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,540 $990 Marketable securities 1,780 1,250 Accounts receivable 1,980 1,800 Inventories 2.860 2,840 Total current assets $8,160 $6,880 Gross fixed assets $29,460 $28,050 Less: Accumulated depreciation 14,700 13,070 Net fixed assets $14,760 $14,980 Total assets $22,920 $21,860 Liabilities and Stockholders' Equity Accounts payable $1,600 $1,480 Notes payable 2,810 2,220 Accruals 200 310 Total current liabilities $4,610 $4,010 Long-term debt $4,890 $5,060 Total liabilities $9,500 $9,070 Common stock $10,040 $10,040 Retained earnings 3,380 2,750 Total stockholders' equity $13,420 $12,790 Total liabilities and stockholders' equity $22,920 $21,860 (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) Income Statement Data (2019) Depreciation expense $1,630 Earnings before interest and taxes (EBIT) 2,680 Interest expense 374 Net profits after taxes 1,822 Tax rate 21%