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Given the information below, determine the free cash flow for 2014 Income Statement (In Thousands) Sales Operating costs EBITDA Depreciation Earnings before interest and taxes

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Given the information below, determine the free cash flow for 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 2014 $24,800.00 $14,880.00 $9,920.00 $950.00 $8,970.00 $96.00 $8,874.00 $3.549.60 $5,324.40 $2,082.00 2013 $22,000.00 $13,200.00 $8,800.00 $800.00 $8,000.00 $160.00 $7,840.00 $3,136.00 $4,704.00 $2,352.00 2014 2013 Balance Sheet (In Thousands) Assets Cash and marketable securities Accounts receivable Inventories Total current assets Net fixed assets (PP&E) Total assets $1,200.00 $5,565.00 $7 440.00 $14,205.00 $9,500.00 $23.705.00 $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 $200.00 $3,762 60 $10,462.60 $1,000.00 $11.462 60 $6,000.00 $624240 $12 242.40 $23.705.00 $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 I $2,868 $2,939 $3,028 $2,749 $2,368

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