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 S (Round to the nearest dollar.) Keith Corporation Balance Sheets December 31 Assets 2019 2018 Cash $1,490 $1,010 Marketable securities 1,770 1,220 Accounts receivable 1,970 1,780 Inventories 2.930 2.830 Total current assets $8,160 $6,840 Gross fixed assets $29,490 $28,080 Less: Accumulated depreciation 14,730 13,060 Net fixed assets $14.760 $15h20 Total assets $22.920 $21.860 liabiliti 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 $1,650 2,760 210 $4,620 $4.890 $9,510 $10,010 3,400 $13.410 $22.920 $1,460 2,150 320 $3,930 $5,090 $9,020 $10.010 2,830 $12.840 $21.860 Income Statement Data (2019) Depreciation expense Earnings before interest and taxes (EBIT) Interest expense Net profits after taxes Tax rate $1,670 2.750 367 1,883 21% W