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Given the financial data below, determine the Free Cash Flow for 2015. 2014 Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest

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Given the financial data below, determine the Free Cash Flow for 2015. 2014 Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes Interest (8%) Earnings before taxes Taxes (40%) Net income Common dividends $23,500.00 $14,100.00 $9,400.00 $900.00 $8,500.00 $80.00 $8,420.00 -$3,368.00 $5.052.00 $1,462.00 $20,000.00 $12,000.00 $8,000.00 -$800.00 $7,200.00 -$160.00 $7,040.00 $2.816.00 $4,224.00 $2,112.00 2015 | 2014 Balance Sheet (In Thousands) Assets: Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets $1,700.00 $5,865.00 $7,050.00 $14,615.00 $9,000.00 $23.615.00 $1,000.00 $5,000.00 $6,000.00 $12,000.00 $8,000.00 $20,000.00 Liabilities and equity: Accounts payable Notes payable Accruals Total current liabilities Long-term bonds Total liabilities Common stock (2 million shares) Retained earnings Total common equity Total liabilities and equity $6,500.00 $0.00 $3,525.00 $10,025.00 $1,000.00 $11,025.00 $6,000.00 $6,590.00 $12.590.00 $23.615.00 $6,000.00 $1,000.00 $3,000.00 $10,000.00 $1,000.00 $11,000.00 $6,000.00 $3,000.00 $9,000.00 $20.000.00

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