Free Cash Flow estimation. Fill in the blanks and complete the formula. Do not use thousand separators. (e.g., 2000) Pro Forma Statement (in 000s) Item 2018 Actual 2019 Pro Forma unit sales 400 800 unit price unit variable cost of goods sold sic Sales 2000 COGS (fixed) 500 COGS (variable) 400 Gross profit 1100 Selling and shipping expenses (variable) 100 Gen. admin. expenses (fixed) 200 Depreciation (fixed) 100 Lease expense (fixed) 40 total operating expenses 440 Operating profit (EBIT) 660 Suppose the tax rate (T) is 25%, and the required fixed capital investment is 200 and the required working capital investment is 40. Free cash flow (FCF) - EBIT(1-T) - required fixed capital investment-required working capital investment. FCF = (1- %)