Help Save Checi 1 oints Calculate free cash flow for 2017 for Monarch Textiles, Inc., based on the financial Information that follows. Assume that all current liabilities are non-interest-bearing liabilities and that no fixed assets were sold or disposed of during 2017. (Round your answer to 1 decimal places.) Monarch Textiles, Inc. is thousands Income statement Selected balance sheet items 2017 2016 2017 Sales 1.370 Current assets 390 535 Cost of sales 790 Net fixed assets 136 272 Operating expenses 145 Current liabilities 325 Depreciation Interest expense 50 Earnings before taxes 317.00 126.80 Net Income 190.20 eBook Ask 245 68 Print References Free cash flow Mc Graw Hill Prey 1 of 4 Next >