For the next three problems, go to Problem 3-16 on page 93 in your book. Assume that the Net Operating Working Capital for 2015 was 900, and the Net Plant and Equipment for 2015 was 2000. What is the change in Net Operating Working Capital for 2016? State your answer WITHOUT DECIMAL PLACES.

What was the (Gross) Capital Expenditure for 2016? State your answer WITHOUT DECIMAL PLACES.

What was the Free Cash Flow for 2016? State your answer WITHOUT DECIMAL PLACES.

3-16 FINANCIAL STATEMENTS The Davidsom Corporation's balance sheet and income statement are provided here. Davidson Corporation: Balance Sheet as of December 31, 2016 (Millions of Dollars) Liabilities and Equity Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment $ 15 515 880 $1410 2.590 Accounts payable Accruals Notes payable Total current liabilities Long-term bonds Total liabilities Common stock (100 million shares) Retained earnings Common equity Total liabilities and equity 5 120 280 220 620 1,520 $2.140 260 1,600 $1.860 $4,000 Total assets $4,000 Davidson Corporation Income Statement for Year Ending December 31, 2016 (Millions of Dollars) Sales $6,250 Operating costs excluding depreciation and amortization 5.230 EBITDA $1,020 Depreciation & amortization 220 ERIT S 800 Interest 180 EBT 5620 Taxes (406) 248 Net Income 5 372 Common dividends pald 5 146 Earnings per share $ 3.72