Income Statements 2019 2018 Sales $2,205 $1,445 Operating costs excluding depreciation and 1,250 1,000 amortization EBITDA $955 $445 Depreciation and amortization 100 75 EBIT $855 $370 Interest 63 46 EBT $792 $324 Taxes (25%) 198 81 Net Income $594 Dividends paid 454 $48 Addition to retained earnings $540 $195 Shares outstanding 100 100 Price $25.00 $22.50 WACC 10.00% 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 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent $ Balance Sheets 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 Sales Operating costs excluding depreciation and amortization EBITDA Income Statements 2019 $100 275 375 $750 2,300 $3,050 $150 75 150 $375 450 825 1,225 1,000 2,225 $3,050 2019 $2,205 1,250 $955 2018 $85 300 250 $635 1,490 $2,125 $85 50 75 $210 290 500 1,225 400 1,625 $2,125 2018 $1,445 1,000 $445 Income Statements 2018 Sales $2,205 $1,445 Operating costs excluding depreciation and 1,250 1,000 amortization EBITDA $955 $445 Depreciation and amortization 100 75 EBIT $855 $370 Interest 63 46 EBT $792 $324 Taxes (25%) 196 81 Net income. $594 $243 Dividends paid $54 $48 Addition to retained earnings $540 $195 Shares outstanding 100 100 Price $22.50 $25.00 10,00% 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 2019 free cash flow (FCF)? Use a minus sign to indicate a negative FCF. Round your answer to the nearest cent 2019