Homework #3 runan IuUSIC 2010 and 2017 UCICIILE DHCEL GIUM VUO Balance Sheets 2018 2017 $85 300 250 $100 275 375 $750 2,300 $3,050 $635 1,490 $2,125 $85 Assets Cash and equivalents Accounts receivable Inventories Total current assets Net plant and equipment Total assets Liabilities and Equity Accounts payable Accruals Notes payable Total current liabilities Long-term debt Total liabilities Common stock Retained earnings Common equity Total liabilities and equity $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 $210 290 500 1,225 400 1,625 $2,125 Income Statements 2018 $2,900 1,250 2017 $1,200 1,000 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT $1,650 100 $1,550 $200 75 $125 LUUU Retained earnings Common equity Total liabilities and equity 2,225 $3,050 1,625 $2,125 Income Statements 2018 $2,900 1,250 2017 $1,200 1,000 $200 75 Sales Operating costs excluding depreciation and amortization EBITDA Depreciation and amortization EBIT Interest EBT Taxes (40%) Net income $1,650 100 $1,550 62 $1,488 595 $893 $125 45 $80 32 $48 $48 Dividends paid Addition to retained earnings $53 $600 $0 Shares outstanding Price WACC 100 $25.00 10.00% 100 $22.50 The balance in the firm's cash and equivalents account is needed for operations Using the financial statements given above, what is Rosnan's 2018 free cash fld WACC The balance in the firm's cash and equivalents account is needed for operations and is not considered "excess" cash. Using the financial statements given above, what is Rosnan's 2018 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest dollar