firm paid 50% of its net income as dividends what is the firms cash flow from assets from the free cash flow perspective ?

on 1988 Income Statement Revenue 207783 Costs 53839 Depreciation 18080 Ebit Interest Expense 6313 Taxable income Tax Expense @ 22% Net Income 1988 Balance Sheet Year 1987 1988 1987 1988 Current Assets 17865 17204 Current Liabilities 15650 17323 Fixed Assets 155984 156977 Long-Term Debt 149686 145082 Common Stock 32700 37603