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Quantitative Problem: Rosnan Industries' 2019 and 2018 balance sheets and income statements are shown below. Balance Sheets 2019 2018 Assets $100 Cash and equivalents Accounts receivable $85 300 275 Inventories 375 250 Total current assets Net plant and equipment Total assets $750 2,300 $3,050 $635 1,490 $2,125 $150 $85 Liabilities and Equity Accounts payable Accruals Notes payable 75 50 150 75 Total current liabilities $375 $210 Long-term debt 450 290 Total liabilities 825 500 Common stock 1,225 400 Retained earnings Common equity Total liabilities and equity 1,225 1,000 2,225 $3,050 1,625 $2,125 Income Statements 2019 2018 Sales $2,005 1,250 $1,645 1,000 Operating costs excluding depreciation and amortization EBITDA $755 $645 100 75 Depreciation and amortization EBIT $655 $570 Interest 63 46 EBT $592 $524 Taxes (25%) 148 131 Net income $444 $393 Dividends paid Addition to retained earnings $54 $390 $48 $345 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. $